Calgacus 8 Posted September 30, 2013 Share Posted September 30, 2013 (edited) "The IPO stated we would need further investment at some point, that point will be determined by how fast the rebels devalue the brand. I don't know much about the youth setup but Mather must have did alright as he got promoted to CEO and got Walter's seal of approval." The share price was dropping rapidly before almost 28% of shareholders signed a requisition to force change - the brand was devaluing quite nicely without them doing anything. When he resigned as Chairman Walter advised people to support the resolution to remove Mather and others as Directors. Mather is part of a Board which Walter described as dysfunctional. If Mather is so good why does he go running off for other people to help him, first Green then Irvine, when he has a problem. His appointment of Irvine was really quite funny when you remember Irvine's comments about him after the meeting with the fan's reps - No one with any self respect would have went to MH after being the target of one of their spins. Edited September 30, 2013 by Calgacus missed quotation marks 0 Quote Link to post Share on other sites More sharing options...
trueblue 64 53 Posted September 30, 2013 Share Posted September 30, 2013 lolwut ? Sorry, don't do playground patter. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted September 30, 2013 Share Posted September 30, 2013 The IPO stated we would need further investment at some point, that point will be determined by how fast the rebels devalue the brand. I don't know much about the youth setup but Mather must have did alright as he got promoted to CEO and got Walter's seal of approval. Hmm whats devaluing tbe brand. Thating 440% apr on a loan or pointing it out..... 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted September 30, 2013 Share Posted September 30, 2013 Will he need it? After all truth is the ultimate defence, The truth may set us free - but unfortunately presenting the truth in court can be expensive! I'm pretty sure the Board will spend our last penny fighting their case. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,060 Posted September 30, 2013 Share Posted September 30, 2013 The truth may set us free - but unfortunately presenting the truth in court can be expensive! I'm pretty sure the Board will spend our last penny fighting their case. If there was no defence then the interdict would have been accepted last week, it wasn't and it won't be next week either. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted September 30, 2013 Share Posted September 30, 2013 No surprise there , you were still backing Green when a blind man could see the sort of b@gger that he is . I still like Green, I just don't have the energy to debate it anymore especially when he's gone anyway 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted September 30, 2013 Share Posted September 30, 2013 If there was no defence then the interdict would have been accepted last week, it wasn't and it won't be next week either. The Court's will grant an interim interdict "on the balance of convenience" test, with the full case to be heard at a later date. Perhaps they're just trying to kick it into touch until something turns up - one way or the other. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,060 Posted September 30, 2013 Share Posted September 30, 2013 The Court's will grant an interim interdict "on the balance of convenience" test, with the full case to be heard at a later date. Perhaps they're just trying to kick it into touch until something turns up - one way or the other. It will be heard next week, would have been over and done with had Leggat conceded. 0 Quote Link to post Share on other sites More sharing options...
Calgacus 8 Posted September 30, 2013 Share Posted September 30, 2013 I may be wrong, but I don't remember any of the Board's mouthpieces mentioning an application for interdict. It has usually been presented as a case of Leggate "bottling it" 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,060 Posted September 30, 2013 Share Posted September 30, 2013 I may be wrong, but I don't remember any of the Board's mouthpieces mentioning an application for interdict. It has usually been presented as a case of Leggate "bottling it" Veritas vincit. 0 Quote Link to post Share on other sites More sharing options...
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