Re: Question for posters
in response to
by
posted on
Dec 10, 2021 11:25AM
RVXoldtimer, your insights are always cogent and helpful.
The incestuous nature of boards, as you know, is not just isolated to RVX and ZCC. Banks, other financial institutions, their large clients, etc have been known for their cross directorships. I think this was part of the motivation for the development and growth of BOD certification courses. Hopefully these would lead to greater integrity and accountability at the board table.
I would not be so frustrated if Don was doing a stellar job, but other than failing to deliver on promises, we don't know what Don has been doing.
The RVX and ZCC boards have some accounting expertise but other than Mr Lu(Hepa) (and he is a light weight in terms of financial depth) there are no financial experts. This would seem to be a huge void for 2 compamies that consist of only 2 important functions - doing science and funding science.
With RVX and ZCC they are what they are until we reach crisis points like losing the IP or failing to meet ORI Capital's ROI objectives. Then, perhaps, change will occur.
Who knows, perhaps Don will deliver his magic or the ship full of gold may arrive from Africa this Monday. :)
GLTA
Toinv