Interesting Post!
RE:RE:RE:RE:RE:The Level of Cowardice Has Stayed About the Same
dryhumper wrote: Are you suggesting that CEO should have been spying on company officials. LOL. Perhaps she should have tapped everyones cell phones. She should have sent spies into private local beer and bull meetins organized by the VP. LOL! Cheaper to fire the culprit than to waste money on a spy network don;t you think?
aiminvestor wrote: Anyone who waspart of the "inner circle" would have been aware of what was going on, and aren't all directors collectively responsible?
I am saying the directors of any company are responsible collectively, as indeed they are.
Ultimately the buck stops with the CEO, in this case Lori.
If anyone had gone 'off message' there were plentyof opportunities to rein them in, yet when the SP was rising it wasn;t an issue,.
Reports of what management were saying publicly were reported all over Stockhouse and Agaracom at the time, and followed by everyone including the company.
lori as the CEO presumably appointed her fellow directors!
The financing and rollback were rejected because shareholders weren't offered the opportunity to participate, and their controlling position was going to be diluted into a non controllibg position, that's why.
You can hardly blame them, can you?
Read more at http://www.stockhouse.com/companies/bullboard/v.sli.h/st-elias-mines-ltd#f4wTw7VQF2Ksmz4U.99