Did you all see the amendments the Board just okay?
The 2 largest (and most vocal) dissidents hold a littler over 6% of the company.
Under the prior rules, a shareholder needed to represent 5% or higher of the company's stock to bring business before the Board at the shareholders meeting (i.e. like changes to the Board or executive changes like the CEO)..
This was just changed to 25%+ for obvious reasons.
Just another example of their representing only themselves and the CEO.
It still needs approval by the shareholders at that point it is my believe that the old rules still govern,hence we have to ensure it gets outvoted together with the CEO and board ,that probably is not on the agenda but we have to get it there.I would like to know the date of the meeting in order to put forward the board nominations and the new CEO