Sent a letter to Mr Ross and BODWell guys, this is as activist as I can get...
I wrote a letter, just now, intended to Mr Ross and BOD and send it to:
investor@pacificinsight.com (Pacific's IR department)
Making sure to CC the following address’s:
michaelsun@gfgroup.com.hk (Kaizhong's question personnel)
kwalczak@dresnerco.com (Methode's IR department)
public@kaizhong.com (Kaizhong's IR department)
Generally, it speaks of Pacific’s BOD taking a hasty and subjective decision here and to take their time in assessing the situation.
Questioning their motives and arguing that I don’t believe Kaizhong’s offer is what they make it sound to be.
I took the opportunity to remind Mr Ross and the BOD of their fiduciary duties.
I also affirmed I would be voting against the Methode arrangement and would gladly tender to a proposed tender offer by Kaizhong).
I think it is important to let your BOD know of your position as a shareholder here so we can consider accurately all possibilities for the shareholders. I could be worth the few minutes of your time.