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Spindle's largest shareholder resigns from board

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Spindle's largest shareholder resigns from board

Michael Kelly resigned as a board member of Spindle Inc. due to a number of management concerns.

Kelly is the largest shareholder and holder of senior debt for Spindle.

Kelly claimed that management misrepresented to the board material facts regarding acquisition targets and committed Spindle to transactions in which the company's performance is wholly impractical due to fiscal challenges, among other concerns.