Post AGM.While it is not a sure thing, it is looking more like the board will remain in place. With Wesley J Hall controlling 14.7% of the shares, Inspiration Mining and Forbes and Manhattan may have fallen short of the requisite shares needed to overthrow the board. Especially considering that F+M have little, if any, shares. Wesley J Hall would hardly have purchased 8.4% of the shares if they did not think it would make a difference.
The question is, what happens after the AGM if the current board remain in place. Will Inspiration dump their shares in a fit of pique, driving the SP down? Will the attention we have received lately bring in a whole new set of investors? Will current management feel a new sense of urgency to get the SP moving? At least it will make for an interesting few months ahead.
With Inspiration Mining closing just .05 cents off their 52 week low, it does not exactly inspire ( pun intended ) confidence in R. Miller ability to improve our share price. Looking at Inspiration Mining's history, it would be an act of desperation to vote him onto the board. To the posters who state that things can't get worse, I say, yes they can. Just look at Inspiration Mining.