Ascena Retail Group Inc fka ASNAQ

[RyGuy]

It just makes no sense to me the choice of utter silence.

To not address and allow the negative sentiment and outright false claims by an agenda driven group to continue, and not defend your investors positions in the court of public opinion and let your companies value continue to deteriorate, is an extremely stupid decision. It alienates your investors that were supportive of you.

I don’t know where Muto is receiving his advice.

I can only hope he is continuing to take advantage of the discounted debt prices and purchasing devalued shares from the open market.

They have the unique opportunity to reduce the O/S of a company with $5 Billion in sales by 10% or more for less than $5 million.

Muto has a fiduciary duty to his shareholders too. We are also stakeholders. Right now, his annual compensation that has averaged about 10% of today’s market cap is not justified.