OTCPK:CODMF - Post by User
Post by
nerotulip2013on Mar 09, 2015 8:01am
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Post# 23502043
The Smell of COD
The Smell of CODUntil two months ago, the CEO of the bidder (Sulliden), was the Chairman and Director of COD, so any reasonable person will question the propriety of the transaction. Did the Directors act in good faith and attempt to maximize shareholder value? Did they meet the high standard of care imposed on fiduciaries? The millions spent on insider and related party fees and services was obviously a waste, the sale price proves it.