Sunday, March 07, 2021 4:12:42 AM
What I do not understand is this:
on this board there are a lot of our members here which are substantial shareholders. I recall a certain plastic surgeon owning in the vicinity of a million shares or so..
I presume that the accumulated share count represented here would well exceed 5% of the total shares outstanding which is substantial. With all the legal experts on board here why not team up and form an activist shareholders interest group that bundles its voting rights to make an impact on company policies?
For instance re: Lovaza - I recall that this argument about the detrimental impact of its EPA/DHA formulation already being a hot topic here for at least 4 years. But how can we have it being brought up on the BoD agenda instead of just churning it here again and again.
Or is it just a convenient way to express pent up frustration on the abysmal performance of the share price.
I admire the action that you and @Marjac and @BioBill have taken to right the wrongs due to Du being conned with false evidence.
Can we get a little more a proactive on other issues also as a united special interest shareholder group with some legal framework to be recognized as a united voting block?
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