Sleazy, clueless & arrogant CISC board Rarely have the Canadian capital markets seen a more brazen example of unadulterated arrogance and entrenchment than that which is on display by the incumbent board. As if to validate this entrenchment, just two days ago, the members of the incumbent board authorized (on the eve of a contested annual general meeting, in which almost half of the shareholder base has tendered proxies against them) a massive grant of options to themselves, taking great care to ensure that the exercise price of such options was at parity with the current record-low trading price of Ciscom's shares. In an interview posted publicly on Jan. 29, 2024, Michel Pepin, the current president and chief executive officer of Ciscom, stated that he believes the true value of Ciscom is significantly higher than its current value, which calls into question why the members of the incumbent board would grant to themselves hundreds of thousands of options at a market price which is, by their own admission, undervalued.