RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TH's website issuesI wanted to make something clear - Dawn did not reject a call from me. The CFO blocked my request to speak with her last Fall. As for other thoughts, I would just reiterate that we are in good hands with Wino representing our views. I am certain he is our best hope for obtaining a good outcome with the least possible disruption. Those hopes may still not be realized but Wino gives the process of sorting this out amicably the highest probability of success. Remember, while we are justifiably upset by the long history of underachievement by TH on its overall relationship to the capital markets, which culminated in the OO and zero analyst questions on the last conference call despite meaningful events occurring just before that call, this leadership team has also done an amazing job in giving us cancer and NASH for next to nothing. TH's leadership is not a complete disaster but they do need to sort out their capital markets strategy, preferably yesterday, as all the good work they have done have not translated into success for shareholders. And that cannot continue.
scarlet1967 wrote: I agree, ideally a discussion is much more productive when both parties enter it because of their own willingness however we already have lost that battle. The reason is they already knew why shareholders have been concerned for quite a long time. Speco their loyal investor whose company and it's clients have a large position in this company has frequently expressed his concerns on this MB which is followed by the company yet his phone call was rejected by the chairwoman. Nobody from the leadership reached out to him to address his concerns until he and many other shareholders start the conversations regarding the vote. This is a problem in my view which shouldn't be ignored during the discussions.
Bucknelly21 wrote: palinc2000 wrote: The discussion needs not and should not be confronational .... It is simply about an exchange of opinions between grown men and women! Each party is free to act accordingly subsequently but threats should not be part of the agenda
scarlet1967 wrote: That's one way to see it, I really want the discussion to produce some real results rather than only promises. The fact that they are willing to have this conversation only after realizing that shareholders will vote against some of the members isn't a good start in my opinion. Again I hope I am wrong and they genuinely are willing to take notice of our concerns and make necessary changes but I can't help to have some reservations.
I want the problem to be solved once and for all.
SPCEO1 wrote: I agree. Let's just let Wino handle this however he thinks best.
palinc2000 wrote: I dont think having them agree to a wrtten summary of the meeting is s good idea ....
Creating a sense of legal liability is not the way to have an open , frank discussion ... on the contrary !
scarlet1967 wrote:
I am not overly optimistic but since you have made the effort I would like to point out few things although you probably know:
1-You are not as good as they you are BETTER.
2-It seems you have already prepared your pitch with few requests, don’t let them bargain it is NOT a negotiation.
3-You can elaborate on your requests but most of the conversation should be about their responses.
4-Stay on topics don’t let them distract you from the purpose of the meeting.
5-If they can’t present solid plans to address the issues schedule another meeting as soon as possible so the company can respond with concrete solutions.
6-Leave the door open for future conversations so the company can interact with the shareholders on an ongoing basis.
5-Ideally everything should be in writing but since this is an informal meeting it would be a good idea if you could draft a summary of the meeting and email it back to the company for their review/approval before reporting back to the investors so there is an element of liability to the whole exercise.
Wino115 wrote: The only person I contacted was Paul. Although, I have noticed a ton of people with familiar names pinged my LinkedIn.
Bucknelly21 wrote:
great who contacted you wino?
totally agree, however they should know how many shares back these feelings and thoughts in my opinion