Wednesday, November 16, 2011

Citrus Factory shareholders have another internal fight in Belize.

**Nov. 16, 2011, Orange crop delayed over stockholder squabbling.
** CITRUS factory manager CANTON has hands tied and forced to stop receiving orange crop, because of internal shareholder fighting.


In the internal shareholders fight over the control of the Board of Directors and the factory financial resources, it seems the Citrus Growers Association leadership are at it again. Though this time, it seems they are willing to cut off their noses to spite their face! ( as the saying goes )

Citrus Factory company shareholders refuse to sign off on OVERDRAFT finances for factory operations. So the plant manager CANTON has had to stop citrus fruit processing for lack of money. About $2 million worth.

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