I'm sure everybody received letters from NMC (on NHC Letterhead) to muster votes for their third rate attempt to put a few of their own in charge of DTE.
Question is:Did NHC get shareholder approval to incur what must be a significant expense, to proceed with these sort of "T/O attempts" at shareholder expense.
In addition, I've now received a call from NHC wanting to advise/enquire on my voting on the resolutions. What costs are incurred by NHC ( again at their shareholders' expense) to make all these calls. Any event, I advised that I already voted, that it doesn't concern NHC how I voted BUT that I DID NOT vote for the NHC resoluitions.
Just wondering how NHC shareholders would be feeling about their company incurring these extraordinary costs on a 'sure to fail experiment' and for which the NHC Board or management probably has no mandate whatsoever. They get 10/10 for arrogance and stupidity!!
DTE Price at posting:
11.7¢ Sentiment: Hold Disclosure: Held