RE:RE:RE:LOOKS LIKE DR MUNZAR IS THE NEW CEO FOR 4 DAYSTell me it was wrong for Cooper to keep his name off the CEO door until after the financials were released.
And then do some research on law. Keeler - (10/28/2021 6:24:05 PM) RE:RE:LOOKS LIKE DR MUNZAR IS THE NEW CEO FOR 4 DAYS I don't think this is any big deal.
I'm sure that Cooper hired a lawyer to review the terms of the contract - and the lawyer advised to make the effective date AFTER the release of the financials.
I'd think it's a 'just in case' to protect Cooper - if Cooper was CEO on the day that the financials were released, he along with the other Board members/officers would all be named along with Hexo if any sort of lawsuit was filed against Hexo.
It's just a smart move for Cooper - and I guess it's why you pay a lawyer.
It does show however, the general incompetence of Hexo management.
As bad as SSL may have been, he's hardly the only person that could be held responsible for the mess Hexo is in.
This unnecessary nonsense should have been avoided by having the lawyers review the contract prior to the news release - but then again Hexo/SSL should have done some research on Newstrike, Zena and 48N prior to the acquisitions.
Standard operating procedure for Hexo - bush league.