There seems to be very little due respect in your response to my post. Tell me what in my post gave you the impression I don’t have an understanding in respect to lenders in this scenario.
What do I think the result would have been if they had have been successful in resigning and delaying Mike’s efforts. We new CEO would have been added to the board, current board maintains their majority for their agenda as per announcement.
In respect to Mike trying again in the future, that would be likely however the delay would have given them an opportunity to turn things around and gain support from shareholders. In the event they don’t turn things around they won’t be trading.
To be clear the board made the offer in what they believed to be the best interest of the company, to avoid a public distraction. What do you think is so terrible about the board making their proposal?
There seems to be very little due respect in your response to my...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)