Post by
Gazoo2021 on Sep 29, 2021 7:29am
Malaco Take over at most 30 Days away
Shareholder's Report to the Board Of Directors, Part 2
In yesterday's report, we covered why many shareholders have concerns related to the past performance of the Board of Directors.
Today, we would like to outline concrens related to this AGM.
We the shareholders are concerned that the actions of the present board are solely to preserve there positions on the board.
It's evident that if you would leave our stock price would probably increase. Just like when our past chairman retired.
In this years Inforamtion circular you indicate that you have secured the services Laurel Hill Advisory Group at a costs of $35,000.00 to get people to send in their votes.
From our perspective, this tactic is required to increase the vote count as a new major shareholder is trying to clean up this mess.
We the shareholders are going to vote to WITHHOLD our votes this year.
I'm certain you are all very nice people and this is not personal.
Like we mentioned yesterday, your goals have never been to increase share price, because that would drive a properly managed corporation.
All actions that we observe have been to financially reward and protect the positions of a select few, at our expense.
It's all about your renumerations, RSUs and corporate bylaws that hinder shareholder involvement and provides ample protection to maintain this special status.
Malaco, with Dato a goal driven achiever will help this corporation.
As a shareholder, I would appreciate if you would consider providing your resignation.
Honestly after a decade, we have experienced and seen enough.
Comment by
romara on Sep 29, 2021 9:23am
Did you send that into management???? ....... Richard
Comment by
SilverNS on Sep 29, 2021 9:25am
I am hoping you sent this to Management
Comment by
Wayned52 on Sep 29, 2021 1:47pm
Any emails I`ve sent to Cathy , if they are answered at all , the answer comes back from Richard Cushing . I think he screens all her mail and she doesn`t see any of this stuff we have been sending . Not that it would matter anyway .
Comment by
SilverNS on Sep 29, 2021 3:30pm
And doesn't that just drive me crazy, espeically when she starts to reply and of course I reply - then it is time to push you off Richard.
Comment by
romara on Sep 29, 2021 4:43pm
Silver" WTF? ....... Richard
Comment by
SilverNS on Sep 29, 2021 6:30pm
When they send me to Richard Cushing