Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
This morning the shambles that is the technically insolvent Aquis-listed TruSpine (TSP) updated the market: its chairman has resigned (or, perhaps “has been” resigned) and the company tells us that it has terminated its relationship with, in effect, the inventor of its spinal products. In my view this nonsense should be suspended from trading forthwith, pending financial clarification……or just sent to the corporate undertaker’s office immediately and a clarification statement is needed urgently.
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