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Lewis Black Reads Rants: "Sisters" [VIDEO]

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Backwoods Sleuth2/01/2020 4:12:38 pm PST

well, this is an interesting development:
Braidy CEO says his removal would cause ‘significant damage’ to company and Ashland area

ASHLAND, Ky. (WSAZ) — In the wake of news from Braidy Industries that CEO Craig Bouchard has been removed from his position, Bouchard is still fighting back calling the decision “unexplained action.”

Early Saturday morning, Bouchard posted a lengthy statement on social media saying, “I believe the sudden and unexplained action taken by the Board of Directors of Braidy Industries to attempt to remove me as CEO is without basis and, if allowed to stand, threatens significant damage to Braidy Industries, its stockholders and the Ashland community. I have certain contractual rights as a major stockholder of Braidy Industries, and I am evaluating my options in light of them.”

Bouchard claims the origin of the “disagreement” is his pursuits of foreign strategic partners, while some board members want to focus on finding American private equity investment. Bouchard says private equity would not be a good fit for Braidy.

my bold…this is the company that got the proposed aluminum plant with Russian money