Aug. 18 at 6:02 PM
$REKR what happened? I poke my head in and all doom and gloom. They just had their best operational earnings and yet that doesn’t seem to matter with no growth and a massive bond due in a few weeks with bondholders not interested in renegotiating. Those are tough bondholders, if only this company had a CEO that represented shareholders that could negotiate with the bondholders, oops that’s right the CEO is a major bondholder and he is refusing to negotiate. Let’s see if they get smacked down on the next shareholder meeting. Sep 11, all the large players have left the building except the Church pension fund, and they will most likely
Withhold their vote again to punish this board and management. To them it’s a fraction of investment and to see them punish the management of this company. If only they can wipe out the board and install new management then maybe a chance for this company. Otherwise shady Berman and the board lining each others pockets like a good ole boys club.
