Originally posted by sim88
Chris, you should have just sat with them and see if its possible to work it out and create some value together as you were unable to do so on your own for the past 8 years. Instead you decided to work against your own company and further dilute everyone because you saw it as a threat. BTW I hope someone else advised you to pull the trigger with that raise for dilution, its not gonna look good.
Good luck mate
Sim88, the way that the requisitioners approached the company was wrong (as stated above), the current board had no option but to take the steps they did, at that time sitting down and talking wouldn’t have achieved the desired outcome when the requisitioners were “full of jumping beans” (It takes a calm situation to sit and talk) IMO
the board did the right thing by the shareholders.
justaguess