Here's the reality IMO. If management was actually worried they wouldn't get enough Yes votes we would see a Shareholders letter- and maybe we will- but my guess is they don't really need my Yes vote and as I mentioned I will vote no across the board in lieu of no letter whether I shoot my foot off or not. You see I own a piece of the company, and in such, I expect to be treated with a modicum of courtesy. A shareholder letter would offer that very courtesy however small.
Now I realize you yourself mentioned you would like one of those letters also. I do not feel it is too much to ask. So, I will likely vote no and yet ironically simultaneously continue to pick up shares along the way on the dips. The thing is I own shares in other companies, penny stock companies no less, in which management acts in the best interest of the shareholders. In this company, I at times, can't tell whether management is or is not acting in my best interest. That certainly causes me pause and is somewhat alarming. It causes most a feeling of dis-ease and cognitive dissonance. It's where the 25/8 FUD breeds.
So I'm hoping management eventually realizes that it too might shoot it's own foot off should it not offer up even a few breadcrumbs beyond "we are paying for the expansion of Bavi on the backs of retail". So in closing IF Peregrine actually needs my vote - step up bc if not. WTF
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