So you are telling me that if I start buying up shares and collect 50.0001% that I do not control the company?
They are in control.
By whos authority? Answer this question if nothing else. Then explain a hostile takeover to me if all that matters is the BoD opinion.
Yes if 25% of the shareholders ask for a meeting they can get one. Interesting how supposedly Scott is out voted by Dan and Otto and yet they never called for a vote. Why is that? Why didn't the shareholder group call one? The people in it claimed to hold millions and millions of shares and have been buying more and more for 8 years. Even prior to Dan joining the amount of shares claimed on this board would have been enough to call a meeting. So with all of his "lacking of power" tell me why Scott is still CEO