RE: RE: NO CONSOLIDATIONLike all other long suffering RSG investors, I want to see the share price appreciate and want management to give us a clear plan as to how they seek to accomplish this. If the plan is convincing and makes the case for consolidation, I am OK. If it does not make the case, I will vote against again and will want them to go back to their drawing board and come back with something that shows investors they are worthy of our support.
Giaro did not make the case last time and so, we are naturally suspect that a consolidation is in mgmts interest - not ours. Why 10 to one? why not 2 for one, etc. (for example, CEE has about 900 million shares outstanding at $1.40/share and it is growing). Why are we freaked out about a measly 150 million or so?
Is Robinson a replacement Talking Head for Giaro so they can try to push the consolidation through one more time via someone else? Makes it sound like a new idea?
Any company's shares will appreciate if management creates the context for growth. If our properties are as good as managemet says, why are we stuck at .03? They need to speak up and treat investors with the respect deserved. We are not adversaries - we are allies.
I've gotto admit that feeling at odds with management is not the most reassuring posture for an investor given the huge number of companies available to us that do not include that dynamic.