This company is a dumpster fireWow another red day. The CSH's plan is pathetic, nothing specific, no details, no plan! The incumbant board are useless as well.
Based on the CSH's plan, we should not vote them in. I fail to see one single thing in their plan that I could vote for. All they want to do is pour money into technologies that process biomass more efficiently when that's not the problem we have with Ausa in the first place.
We have poured so much money and time in Cocoon yet their plan doesn't incorporate it.
I was hoping they had a solid plan with dates and names of companies that they've talked to, but it's just a stupid "plan" that I could write up in 30 minutes.
They made us wait 2 months for this?!?!? Pathetic!!!!
It sucks for us shareholders because we are stuck between a rock and a hard place.
The incumbant board is the better alternative here.
I will call the CSH to rescind my support and so should all of you.
I'm not happy with the current board but the CSH is a bigger joke.
Honestly, our only hope is Cocoon right now. We dont have enough cash to do anything substantial.
The only other alternative I see is BAMM of which they sit on the board and owns over 20m shares. Bamm's rev is 16mUSD a year. Maybe a Joint Venture?