RE:RE:Buying into what we already own...."I reached out to the Company to ask them what the governance process looks like for this and if they have formed an Independant committee"
"independant committee" concept:
When management is engaging in a questionable transaction, they appoint an "independant committee" (appointed and chosen by them...think about that). The "independant committee" invariably agrees with management's actions and serves its primary function of providing management with cover to absolve legal responsibility for the questionable transaction.