And we get a press release when he needs our votes.
I voted today.Withheld for the entire board.
They snookered the money out without a shareholder vote. And they LIE about being 90 days from insolvency.
They ignore one of their largest holders in Gabelli.
I don't want Groveland but Im voting for them. When I get their materials. I got BHs today. Didn't need to vote ,wanted to.
Nothing huge. But this is a solid company with good earnings. good book value and plenty of cash.
Even a 4-5 cent per quarter dividend would drive shareholder value.
He has made HOW much off us in the last 2 years while shareholders are flat or down ?
Hope it continues.
Buyback adds value.
Judge Sarah Evans Barker of the Southern District of Indiana in Indianapolis dismissed the complaint on Wednesday.
In her ruling, Barker wrote that just because Biglari controls nearly 17 percent of the company’s stock doesn’t mean directors are subservient to him and rubber stamp his compensation package and other decisions.
“Without pointing to evidence indicating that the amount potentially provided to Biglari under the agreement is ‘unjust, oppressive or fraudulent,’ it is not appropriate for us to question the board’s implicit statement of the value that Biglari’s services as CEO provide to the company," she wrote.
Its almost as if Gabelli put them up to it hoping for reform.
I expect the proxy advisor services are not going to take it easy on the BH board. Nor should they.
Groveland seems like a means to an end for Gabelli. But nobody will ever prove that.
Yes, suggests Sardar might be toast.
How can all those directors be so blind ? Except the old hag, she is a clueless wench that supported the old CEO.
But the others should be able to see thru his #$%$.
The sad thing is, Groveland would seem to be in over their head.
I wonder if Gabelli is funding groveland to try and get Biglari to stop stealing from us ?
Perceptron Started with Buy at Canaccord Genuity, PT Set at $15
I was talking about Toppix who is exactly what I said he was.
He is paid to tout scammy stocks.