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Re: tomsen post# 1996

Wednesday, 11/21/2018 1:54:03 PM

Wednesday, November 21, 2018 1:54:03 PM

Post# of 2435
Only 8.51% of this company is owned by institutions. I haven't bothered to look and I am not going to, but I would bet that the board, directors, and employees of this company own more than that and there is at least 10 million shares set aside for incentives. That is why this company is a cash cow to management. The only way they will sell this company is if they were offered at least 100 million and that would translate into about $2.50 a share. Not going to happen. The board and directors really do control this company not the shareholder. So if you argue that has to be voted on-yeah your right- but, they control the vote. They either own or have that much influence in the voting process. Right now you can't beat them.
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