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Board meeting tomorrow
#1

Rumours of a board meeting tomorrow to discuss the faith of reverse merger.

It appears the pressure from shareholders (institutions and retailers) is having an effect as management clearly feeling the heat.

To continue the pressure could you please write to management tonight with the following ask:

- Cancel reverse merger and IPO FL

- Start buyback immediately. Make sure it is aggressive

This will certainly help further restore market confidence and trust.

Great work everyone.

Reply

#2

'Haggerston' pid='53603' datel Wrote:

Rumours of a board meeting tomorrow to discuss the faith of reverse merger.

It appears the pressure from shareholders (institutions and retailers) is having an effect as management clearly feeling the heat.

To continue the pressure could you please write to management tonight with the following ask:

- Cancel reverse merger and IPO FL

- Start buyback immediately. Make sure it is aggressive

This will certainly help further restore market confidence and trust.

Great work everyone.

Good to hear that. thanks for sharing.

Reply

#3
I urge all to send e-mails to support an outright sale to the highest bidder of the FL Mobile unit! Reverse mergers are not viewed favorably in this country buy analysts or investment banks. At this point if Bison wants this subsidiary sell the whole thing to then after a suitable bidding process has transpired. Management needs to regain credibility not destroy it by a process that circumvents transparency!
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#4
Good luck guys! Shareholders deserve some better decisions here. What where they thinking with Tack Fiori? I suppose it's more common practice in Hong Kong, but over here, really. I thought this is why we have US management as well, to prevent this kind of decisions..
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#5

hearsay: no definitive word about the RM deal from the meeting. keep using all your resources to push the mgmt to either drop the deal or negotiate a better one. 35% FL dilution is out of question. sth like 5% could be acceptable?

'gaosl11' pid='53605' datel Wrote:

'Haggerston' pid='53603' datel Wrote:

Rumours of a board meeting tomorrow to discuss the faith of reverse merger.

It appears the pressure from shareholders (institutions and retailers) is having an effect as management clearly feeling the heat.

To continue the pressure could you please write to management tonight with the following ask:

- Cancel reverse merger and IPO FL

- Start buyback immediately. Make sure it is aggressive

This will certainly help further restore market confidence and trust.

Great work everyone.

Good to hear that. thanks for sharing.

Reply



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