Wednesday, July 28, 2021 6:19:41 PM
Stated by Northstar42
"and this is critical, all shareholders, whether originally part of group who filed Form 13D, have the right to petition, object, and/or support the Board, as they see fit. Should the Board not perform satisfactorily then I expect another group of activist shareholders will seek to boot them out at the next election cycle."
That's assuming there's anything left when the next election cycle rolls around. With adeqate representation on the board, what's to stop 13d from doing anything they want? This is why we need to stay with what's progressing forward (he status quo) instead of "throwing fate to the wind" and/or your money and hopes out the window.
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