Quote: atomic "They got a £500k parachute payment. Sod all investment required last season in SL Someone was calling his investment back,long before the current situation.
Why no response from the other share holders? Because they are puppets awaiting a pay out.'"
The other shareholders have no power. I assume Derek had total control. With regards to a pay out - who from? Their shares are worthless. No one will buy them. A new investor only need derek’s shares and will have total control. There’s no reason for them to issue a statement. What would they say? It wouldn’t matter what they said as it wouldn’t be important unless they were willing to take over which we can assume isn’t the case as it would have been announced by now.
