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Powerhouse company Veritide gets emergency funding – on one condition

Tough decision for chairman.

Tue, 05 Dec 2017

Veritide has survived a cash crunch after being granted a tide-over loan from major investor Powerhouse Ventures.

But the money came with a proviso: Chairman Keith McConnell had to go (according to Mr McConnell’s account).

On November 23, NBR revealed Veritide was almost out cash, with its

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Powerhouse company Veritide gets emergency funding – on one condition
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