The recent SEC investigation, the past lawsuits and fraud stemming from arsenic poisoning of employees and the most recent consulting agreement with Mr. Zhang after he just quit due to health reasons, all these are posing serious questions as to the Board's oversight of the management of AXT as well as its fiduciary responsibility to its shareholders!!
In the reporting on Mr. Zhang's departure via the 8-K report, there was no mention of an earlier departure or the terms of the exit. This was of Suyue Li in Adminstration in Tongmei and a relative of Mr. Zhang's as I understand it.
Something is very wrong here and we need to demand answers and accountability - especially with the value of our stock and investments in the company! The management is not protecting our investments!!