They need to seek board representation ...not the likely activist but it is about time for them...I will give them an additional 3% if they need it they can get me from this board..even though they don't look...get rid of poison pill and non-independent board members an put the company up for sale...get rid of top salaries and overlap with another like company and company will earn 10 million a year minimum in 2012..would get 10 bucks a share easy..just do it austin marxe...make it happen!!!
This is the first intelligent post I have read on this board.
It is time that someone stepped up and made the Board members accountable.
The board has to be replaced if this Company is to have any credibility and the officers should want to do this so they too can have credibility and help the Company grow by adding new faces with new ideas. My feeling is that the board is made up of "cronies" who just say "yes"
If this not done then eventually some truth will have to come out that may be "under the rug " and I am at loss to see why the controlling shareholders have nothing to say.
this depressed price will not last long. it is the work of a concerted selling effort by one. level 2 is very clean except for the one selling group. it happens and it will run its course. it is impossible to time a reversal precisely, but these prices are hard to resist so not much risk here.