RE:RE:RE:RE:Dissident Shareholders
Banner 60, are you sure Mr Gifford didn't initiate that conversation? And are you sure he found them willing to listen?
My votes are withheld. Same for FUU. My goal: To hear the Board put forward a realistic plan to minimize cash burn until sentiment improves, so as to reduce the need for cash when it's hard to get good terms. To hear that the change of control package, future options grants, double-dipping etc will be replaced by a performance-based system of some sort, tied closely to the same scale of peer companies that aren't going broke paying their management.
Whatever your opinion on our management, as a general principle investors, and business operators, don't like unjustifiable, hidden or excessive costs. Nothing personal, strictly business. So let's see some limits set, and transparent mechanisms to ensure that there's no violation. If you own FCU shares, you can't argue with that.