Post by
nozzpack on Aug 12, 2022 12:48pm
Special AGM
Only need 5 % to call a special AGM.
The agenda will be to replace current incompetent management and replace with a much reduced management team.
Second, we spin out the Investment Segment as a new public equity to shareholders after monetizing whats left of Kognitiv and the MIM investment while allowing Clear Media a little more time to turn itself around...Trade X seems to be doing ok ...but we could monetize all current investmenbts which would give us a good chunk of cash whose business model wil not be as a holding company.
WE have a huge majority of the shares, so it only matters to line up a replacement board.
Who agrees with this move..
Comment by
Commonguy on Aug 12, 2022 1:50pm
I agree , incompetence cannot be rewarded without some confidence in the board. I am on board with taking drastic action now before his situation gets away from us. The board mentions perhaps haing a special dividend in passing without ever intending to follow through with it. This is nothing more than posturing or dangling a carrot knowing we will get the stick. Time gentleman please!
Comment by
AIMIATARD on Aug 12, 2022 2:22pm
Anything is better than the current situation. Literally, anything. So, yes.