A savage dance intended to defeat the law and decency has begun yesterday morning, around the Sibiu Exchange - Sibex, when, after the publication of an article in BURSA, a report was put up on the website of Sibex concerning a rectification of the ruling of the Court of Sibiu, which had extended its prior suspension of the decisions of the General Shareholder Meeting of Sibex. Teodor Ancuţa notified the Romanian National Securities Commission (CNVM) that he was still the president and managing director of Sibex, even though he had handed in his resignation from one of those positions and he had been dismissed from the other, and the CNVM did not validate the new Board of Directors of Sibex, postponing the confirmation until next week, when it would hold a new meeting, even though the issue had been scheduled to be discussed in the Commission"s meeting of yesterday.

Let"s follow this affair:

1. Yesterday, BURSA noticed that the ruling of the Court of Sibiu which suspended the decisions of the General Shareholder Meeting of Sibex, did not concern the decision to dismiss the old Board of Directors not the one to elect a new Board, so all that is missing is for the CNVM to confirm the new president of Sibex - Cristian Sima - so he can start exercising his responsibilities as chairman.

2. After the article appeared in BURSA, Sibex reported to the Romanian National Securities Commission that, two days earlier, the Court of Sibiu has rectified his ruling and suspended all the decisions of the General Shareholder Meeting, including the dismissal of the old Board of Directors and the election of the new one.

3. All of the above caused Teodor Ancuţa to draw the conclusion that he was still president and managing director of Sibex, because even though he was dismissed from his position of president, after resigning from the position of managing director,