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Thursday, October 28, 2021 11:57:13 AM
I suspect they did not get the 200 million authorized.
They do know they did not give ONE concrete accomplishment by today. So they look at that as the reason. I have bought approximately 40,000 shares after Sept 1st.
Due to the date of record, I could not vote those shares, I am sure a lot of the sell volume was 13D selling and or lending out shares for shorting after the date of record was set.
So, the current management plan is, set the meeting up later to show accomplishments and sway votes in their direction.
But they left the date of record as the same date, this is where I think they failed.
They also failed in the delay and disorganization of their own proxy submission for voting, many were confused and did not get voting materials in time, some who voted received e-mails that they had not voted. I myself received a voice mail after a " suspected spam " call was ignored. The voicemail informed me that I had not voted and where to go vote.
Is it possible that many were misdirected in the confusion ? I guess so.
I guess Nader and crew now know the score. Only actual accomplishments will get shareholders engaged, helter skelter does not get the job done.
jmo
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