EXPM:HRTFF - Post by User
Comment by
justrelax2on Oct 07, 2020 11:45pm
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Post# 31684890
RE:The Market's Bias for Harte
RE:The Market's Bias for HarteNot that I was ever pleased about it, but I am increasingly anxious about our board makeup....Appian controls about 25 % of outstanding shares, yet has 42 % representation on the board.... clearly 3 out of seven board members are 100% Appian ...no bones about it....so the question remains.-- are the other 4 members of the board truly independant, there to maximize the share value for ALL the shareholders.....you and me and all the little guys.....just takes one of them to side/vote with the 3 Appian members and voila....things go Appian's way...for Appian's benefit....I am not here to create any conspiracy's , but I continuosly question to myself where the loyalties lie....as Ballot so elequently points out, the board has a Fiduciary duty to ALL shareholders....and management has a duty to inform ALL shareholders on a timely basis of any material changes or events that would allow all shareholders the information they need to make sell, hold or buy decisions....