Replies to post #92518 on CBA Florida Inc. (fka CBAI)

[Myth]

not to me holter.....it's designed that way to limit what Red Oak can do without shareholder approval

read it again..and do some research on Red Oak, this isn't their first rodeo.

[Myth]

This is what matters..

Stated David Sandberg, “With a more stabilized balance sheet, CBAI is well positioned to pursue a sensible yet meaningful growth strategy. We believe this best serves shareholders’ interests and we are already working to compile and reach out to M&A targets. CBAI’s excess storage capacity coupled with a less constrained marketing budget allows for a real opportunity to grow its business both organically and via acquisitions with improved margins and earnings to the bottom line. In addition to focusing on growth, the Board will be populated with new Directors independent from management and we expect to implement shareholder friendly changes to CBAI’s Charter and Bylaws as well as to call an annual meeting for Director Elections and other business (as is proposed).