Powerhouse purges Motim board, SolarBright founders quit

Tue, 23 Jan 2018

By Paul McBeth Jan. 23 (BusinessDesk) - Powerhouse Ventures is facing more turmoil at two of its investee firms, purging the board of one and losing the founders of another. In separate statements to the ASX and following a National Business Review report, Christchurch-based Powerhouse said it removed Motim Technologies chair John Cunningham, who was followed shortly by director Miles Hockley after the firm's board didn't call a shareholders' meeting when requested, and that it had been told founding directors Pat and Nivola Martin of So...

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