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Echelon Corporation (ELON) Message Board

  • rightofway2004 rightofway2004 Jul 8, 2009 11:56 PM Flag

    What Shareholders need to do

    Shareholders in this company need to begin the process of actively managing their investments. In my opinion it's time we send a message that this isn't their private company, it's our public company. When the next proxy arrives in the mail I suggest we select one issue which is a standard vote that typically would pass without much resistance(eg. voting for an auditor) and vote against it. This would give us a rough idea of how many shares readers on this board hold. Once we have this information we would know if shareholder activism has the potential to get us heard. Ultimately it is clear to me that we need a big stick to take this to the next level. Should the time ever arrive, I would vote for offering the CEO position to Jim Rogers. This would get us in front of every utility in the country and make shareholders mega rich.

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