TS03 Inc Trust Units TSTIF

RE:RE:immanual opinion

[Drrwong]

Every shareholder is entitiled to his/her own opinion, thus voting their shares accordingly.  Let's agree to disagree.

But I have some advice that all the shareholders who want to change management should consider:
1)  If you want other shareholders to "vote out" the current Board and management, you have to give us an alternate set of Board nominees and management team.  Every shareholder can then compare and contrast the two teams and see which one they think will create more value going forward
2)  Explain what different strategic or operational direction that this team will take the company, and how they will benefit the share price and shareholders

It is simply not enough to say I am unhappy with the current team and demand a change, without telling us what the alternative would be.  What if the new team is even worse than the current one?  There is no way to vote rationally until we know what the alternative is.

Look at all the activist hedge funds out there:  when they want change, they nominate a set of Board members (often have ties to them) and outline how the company should be run differently (e.g.: distribute more cash to shareholders, or strategic divestiture or acquisition).  Then the shareholders can evaluate and decide.

Until you are prepared to give me an alternate choice, stop polluting the board with your whining and temper tantrum.