Oxygen Biotherapeutics (OXBT) drops 5.6% after the firm's audit committee discloses ex-Chairman...

|By:, SA News Editor

Oxygen Biotherapeutics (OXBT) drops 5.6% after the firm's audit committee discloses ex-Chairman & CEO Chris Stern was fired for falsifying his resume, and using his position to effect a transaction that netted him $489K in stock warrants. Oxygen announced Stern's dismassal last month, but didn't provide further details.