Those holders not participating in the lawyer’s initiative to hold management accountable are effectively patronizing the silent management, allowing them to continue burning cash. All holders—except Hoy, Michelle, and Michelle’s husband—should cooperate with the lawyer, at least as part of having skin in the stock, and help generate awareness to make management accountable. Giving money to a silent management only makes them more silent, lazier, and more idle. The idle minds in management will always look for ways to exploit shareholders rather than increase shareholder value.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)