what we need is a proxy contest....
"We're going to finish this topic with some statistics demonstrating the effectiveness of proxy contests. According to SharkRepellent.net, a website that specializes in the tracking of mergers and acquisitions, there were 133 proxy contests or activist campaigns launched in 2009. In that same year, these investors were able to gain board seats at 57 companies, which is a success rate of 43%."
Matt has a big ego, but he is over reaching...
We need some people on the board that represent the common shareholder.
When he says "cut burn rate" does he include cutting his, Stephanie's, and Vicente's compensation? I doubt it!
Do you know there are actually penny stock companies out there that have officers and directors that take NO PAY!?!
WoW! That's a refreshing change from CBAI!!!
So many stocks, So little money...