holter, it's not personal it's business. We all can sip the batch of lemonade I prepared when the dust settles. I promise not to Dilute it!
If a DEF 14A is filed that doesn't represent my best interest and we all know such an action has a 75% probability of failure, at 500:1, then I will need to explore my injunction options.
Despite what some here present, the BoD/CEO has a fiduciary duty to produce a result that benefits the shareholder; he owes it to us. Waiting!
It will be very difficult for CBAI to disprove how CBAI remained afloat and acquired when it diluted ALL shareholder value from 09' to present. I am not in ANY agreement that ANY further dilution will benefit me; shareholder. Infact, I believe the company/BoD/CEO is with Deliberate purpose attempting to isolate/neutralize/DEPRECIATE/DEFLATE my interest in said company for a specific Reason that harms my investment % in said company. There is no shareholder value in that proposal; unless a smaller % of ownership is the shareholder goal.
Based on my yearlong analysis, the CEO's past statements and future projections of this becoming a $1B market place with Sanofi-Osiris-CBAI (donor placenta) I am not sold ANY RS is warranted. How foolish will a shareholder feel to learn in 2011/2012 Sanofi makes discarded stems a $1B market place and CBAI-Osiris-Sanofi is the partnership? Exactly!
Again, just business... no need to get upset. There is a remedy.
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