RE: Activist Shareholder RE: Did any hear it ? Marketman - you are bang on. First post I've read on this thread in days that has it right.
I can tell you that I have been in contact with one of the funds listed and indicated that I would support a resolution to remove the current BOD, replace the CEO and get the standstill agreement removed. I won't say how many shares I hold - no-one would believe me - but I did get a reply asking for a phone number and that they would be in touch. One wonders whether the intent of the press releases was to persuade Gusella to consider the offers, or to provide other like-minded shareholders with a point of contact.
If you hold a significant number of shares - say 300, 000 or more, and you want to at least explore selling this company, I would encourage you to contact one of the two funds that issued press releases last month and let them know that you would support their action.
This thing is happening and I expect it will happen very soon - far too many shares out there and far too few controlled by those friendly to the current BOD and CEO in my opinion.
Remember - we own this company, its worth much more than 92 cents - even at firesale prices, and there are many out there who know it.