Hemotep
Well-Known Member
We've only seen the board's side of this in the lawsuit. I'm curious to know what the defense will have to say. The part that throws me, and appears as a major conflict of interest, is that VMP signed a huge contract that they paid in advance for the plant's services. But it didn't sound like they were suing for breach of contract. So it seems like a lot of the case will come down to how that contract reads to a judge. The problem, of course (and here's where the conflict of interest plays a huge role), is that it looks like the contract was given by the three who were ousted to themselves. And I'm not sure of how the law would interpret that if there wasn't technically a beach. Whether the board approved that or not and how much they knew that VMP was signing on to is still unclear.
No matter how the cards fall, I hope the plant does still open and that we get another quality plant in the US. The only person I really feel bad for in all of this is the fella they poached. He's the one getting the biggest shaft, beside us as their customer base who were sold something that they now can't deliver on.
