Re: milestone / Re: This will be the last time I say.......GKRichard.
posted on
Oct 15, 2009 02:13PM
Don't you think you should restate that to included "alleged incomplete DD" or something to that effect? Doctoral law level study and all..
No
We contend that certain representations and warranties made by Crossflo and certain of its principal officers in the Merger Agreement were false when made, and were false as of the closing of the merger.
On October 5, 2009, we terminated our CEO and our V.P. of Business Development. The 2,000,000 performance options granted to our CEO that had not yet vested were cancelled. As of the date of this filing, a separation agreement for our former CEO has not been executed.
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Be well