The Clowns’ Presumptuous and Costly Plans
As disclosed in a press release on June 22, 2012, they have put themselves in a management role by engaging an investment banking firm to seek out “numerous domestic and international opportunities” for AOS.
The dissidents’ hidden agenda has finally been revealed – namely to hijack AOS’ strong balance sheet for their own purposes. If in fact they actually have ‘accretive deals waiting’, as they claim, shareholders should ask: Why haven’t they brought these transactions to the attention of AOS’ board? Plainly they must control AOS in order to use the company’s cash reserves to fund activities that would not be in the interest of all shareholders.
These clowns spend money like drunken sailors.