Originally Posted by
MikeSB
Hi everyone, hope you are enjoying the weather..
Yes we know he had the majority shareholding but the plain fact is that the other Directors like Gradi and Bowler could have stopped him or at least resigning when it was obvious what he was up to. He had form remember with previous loans that some seems not to have been paid back..
I mean who the heck would allow a one pound per share be elevated to thirty pounds a share and then to use the higher figure when his holdings were put up for sale?
It all stinks a mile and pity some of them can't do jail time...