1Spatial (SPA) announced last week that its chairman Steve Berry was to leave with immediate effect. Good. I have exposed this utter rotter as being up to no good at all at another company on AIM – Touchstone Gold (see HERE).
Berry was not key to the 1Spatial management team but was becoming an embarrassment and so he had to go. Hats off to the executive directors for giving him the order of the boot without compensation. That was the right call.
Directors on AIM have to realise that being a director of a PLC does not require you to have the morals of Momma Theresa but that certain standards are required. Putting out misleading presentations as the crony capitalist Berry has done at Touchstone (TGL) falls beneath that standard.
In the short term that might spoof
on ShareProphets | Comments