"I don't think you understand" human nature, greed. Case in point " (Franklin Hunt) who is Nelson's cousin / audit committee chairman / former partner of a firm de-certified for their negligent audits on frauds is still there."
"It's not a matter of persuasion, it's a matter of loyalty" I agree but I am willing to bet that they will be more loyal to money than Nelson.
Current position at a dollar (3.84 cents per splits) and unstable.
If Chuck shows them that his route will make them money and boost the share price their will vote Chuck's way.
Why did Nelson bring in Chuck, To fight with him, no to straighten out the company.
If Abe was leaving the company that would be a red flag, but pulling Abe from a position he wasn't very good at so he can totally concentrate on the job he is good at is a green flag and a smart business move.
For Nelson to agree to a board reduction is another green flag that Chuck is asserting greater control.
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