No need to get rid of the board, but they need to know their position will be on the line. For small caps, you are never guaranteed to get anyone decent for the job, and that is by definition dictated by the speculative nature. The latter creates scope for all sorts, good bad and ugly. Add to it, the fact that it is lower risk for the directors with guaranteed profit in terms of salary, than it is for non-paid ordinary shareholders like us. To find someone who is ambitious, professional and competent is just pot luck and chances are, they are already leading a successful company. So, best step is to let them know our vote is NOT guaranteed but I suggest also give them some constructive suggestions.
Again, I encourage people to send company emails, in this case, with some urgency.
ARE Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
