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Perceptron, Inc. Message Board

  • smaycs4 smaycs4 Nov 11, 2011 12:36 AM Flag

    Was Lazarus mentioned in the call ?


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    • Yes. CEO specifically made reference to the letter and said the BOD will meet and have a response next week, if I recall correctly. Also, Eliot Rose expressed their support of the letter during the Q&A portion of the CC.

      • 1 Reply to creedheed
      • Between Lazarus, Eliot Rose, and Tapestry (which I believe is somehow closely related to Eliot Rose)---you now have a significant portion of outstanding shares in disgruntled hands. That does not even include the institutional or large retail holders who have not publicly come out in a similar fashion, but feel the same way. Unless something changes quickly, I believe a proxy contest is all but inevitable.

        You probably have a hard 25% minimum against the current BOD and management right now. It is anybody's guess how much more lies beneath that and how much more is on the fence. One more quarter like that just reported and..............

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