OTCQB:EMHTF - Post by User
Comment by
DanielDarden123on Feb 14, 2020 6:36pm
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Post# 30694098
RE:A Billion MC and Now $40 Million - What Happened?
RE:A Billion MC and Now $40 Million - What Happened?The answer is always complex in these situations but here much simpler IMO. When an issuer discloses a conflict of interest that is FAR different than avoiding a conflict of interest. When the supply agreement with EHS was consummated an obvious conflict was created. EHS, as the large holder of EMH, was to provide the feedstock to EMH but how would a dispute be resolved? Obviously in favour of EHS as the founder/promoter would benefit more from the success of EHS than EMH.
The lesson is simple. When a conflict of interest is apparent don’t walk. RUN! The conflict of interest is created to benefit the founder only and the Board will know but do nothing in most cases because they have been appointed by the founder.