Tell a lie often enough and it becomes unquestioned fact ....

It has been written and broadcast repeatedly that Ronan O'Rahilly and Allan James Crawford were joint managing directors of Radio Caroline. Then it was written in OEM (see post below), that Barry Ainley became the Managing Director of Radio Caroline, except that:

"The managing director is the highest management position in a company."

But there is a problem with that statement:

​From 1964 though 1967 there was no single enterprise or company that was registered anywhere and called Radio Caroline. There was no company which conducted the affairs of the entity known as Radio Caroline. So what was Radio Caroline, and what was its purpose and who defined that purpose? What did these phantom "managing directors" manage and direct, if there was no company to manage and no company to be a director of, let alone become the "managing director"?

​Why do anoraks avoid this basic question?