Medinah, as a company, needs integrity to be demonstrated if they wish to gain any trust from the shareholders. Going after Price, Quijano, and anybody else who screwed over Medinah, is a start. And if that includes Auryn, so be it. Medinah, if it is to survive, can’t be known as a patsy for crooked players.
Assuming Medinah looks to go forward and be a successful operating company, why would anyone in the industry deal with Medinah if they’re not to be trusted? It’s an intelligent business decision, not a foolish one, to show that Medinah’s new Board of Directors has integrity and can develop that level of trust – both from shareholders and industry players.
emotionally charged outbursts... of anger... may provide some personal relief... for some... but have no business in the decision making process... of running a public company
Huh? There was no "emotionally charged outburst of anger" in my post. Do not confuse my complete and utter dismay and disagreement with anger.
I amplified just how wrong it is for an alleged shareholder to choose acquiescence and subservience to a blatant criminal who halved their investment.
Calling Les Price "a prick" is not anger, it is actually an understated noun describing the man.
The only thing worse than Price's crimes committed to Medinah is a shareholder's willful acceptance of such crime without seeking (or in your case, even considering) retribution. Reread jetpilot's analogy as it is perfect and it illustrates just how illogical and backward the notion of turning a blind eye to this crime is.