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Obagi Medical Products, Inc. (OMPI) Message Board

  • lexacon_1 lexacon_1 Jan 8, 2013 7:07 PM Flag

    WHAT HAPPENED VOCE

    What is the status update on the VOCE proxy against OMPI BOD? Its like they made a big fuss about the board and then silenced

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    • as far as I can tell, they have properly submitted new board member nominations, and OMPI has acknowledged receiving them. But i cant see any evidence that they have the ability to push the election up (or influence timing at all), so it may not happen until june give or take.... Whenever the election happens, that is when we will see if they have enough support to pull off the coup.

      • 1 Reply to localsonly2001
      • The coup d'etat has already occurred when Hummel and his cronies hijacked the company. Whether it's VOCE, the other instiutional investors or the mutual funds, nothing is going to happen until the stock trades in the $ 8-9 range. This isn't about the retail investors, because they don't and can't control enough shares to force a change in BOD. What is clear; the institutional investors and mutual funds are a bunch of feckless individuals. They're about a useless as a rattle snake with #$%$. Hummels and his boys just thumb their noses when anybody (VOCE) make some statement that could be considered a threat; not! Good luck if you think this is going to have a happy ending.

        Sentiment: Hold