Can anyone comment on the corporate governance by the Board of AXTI. I am concerned about the financial security of my stock holdings. Any other stockholders with same sentiment?
This is basically Morris' personal company. 10 years ago, His questionable practices were uncovered, and he had to step aside (stayed in the background) for many years, until people no longer remembered that part of history.
exactly. They brought back the fool when there was a brief runup and $10 in business.. now that went away, and so should he.
No, but the people at Royce could as they own 10% of the company. All owners would be quite perturbed if the Board decides to sell out at $3-4 per share.
They will be lucky if they can get 2/share.