I bought a nickel gold miner at $.53 and it went to $5 on the discovery now that it is back to $.53 a hedge fund mounted a proxy fight for control and outed the former CEO who was on the side of shareholders by a new NOD picked by each side 3 to 3 and two new co - CEOS until a new CEO could be found
The s two new co_Ceo just proposed A 25 MILLION SHARE pp pt at $.80 per share while having $25M cash in the bank with 2 M shares going to the two new co-CEO for their exemplary work.
This whole process initiated the by the hedge fund was to enhance sharehoder value of the hedge fund aka Carl Icahn or someone of that nature
The management of this company has to wake up and enhance shareholder value otherwise a major or hdege fund can come come in and scoop them up for pennies on the dollar without having a poison pill or shareholders rights plan in place to thwart such an event
While all of the 9 years of work went into the hands of a Geeko
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