I'm a shareholder and I'm a little confused. The company keeps appointing board members. Aren't shareholders given an opportunity to elect them in this company? I'm an owner, management shouldn't be able to appoint their own board--I should have a say in it? Am I out of line here?
It still doesn't make sense--management can't appoint board members only shareholders can elect IMHO. The proxie said they are looking for strategic investors so a buyout would be a good thing. I was also a little concerned the venture capitalist on the board left--this board needs a businessman not another member with a medical degree.