We all got multiple emails and letters to get us to sign over our voting rights as shareholders to the corporation. That’s pretty suspicious and I can’t imagine why anyone would be stupid enough to fall for it.
Now, we’re starting to get phone calls from these “advocates” at Innisfree M&A (look them up) to also try to get us to sign over our rights. Sketchy stuff.
So obviously the company is desperate because they have something unpopular they want to push through at the next shareholders meeting. What is it? Other than a fat executive compensation package, what would the company be trying to push that they need the employees’ shares (a minority position) to get through?
DON’T BE FOOLED - HOLD ON TO YOUR RIGHTS!