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Echelon Corporation (ELON) Message Board

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  • rightofway2004 rightofway2004 Mar 19, 2008 12:39 AM Flag

    4.8M shares

    Interesting that they also limited the liability of the directors in the same filing. This may be a formality and they stated it was to make them more competitive when hiring directors. No doubt this is true and may have been an issue when bringing in their latest director. Could this be a poison pill? Could it mean they are preparing to be bought out? Or could they be recognizing that the drop in share price is impacting hiring and retention? I also found it interesting that they gave some shares to their law firm.

 
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2.39-0.04(-1.65%)Sep 19 4:00 PMEDT

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