Couldn’t all this be avoided with proof of ownership shared widely? You know, straightforward truth.
Given the clear representation in your December 20 letter that the Board “conducted an inquiry into the matter” of Mr. McGinnis’s stock ownership, the Board should immediately and publicly release the results of that inquiry to all of the Company’s stockholders. All I have ever sought is the truth about a straightforward factual question: were the representations about who the Company’s second largest stockholder was back in 2019 factually accurate or not? The Board’s refusal to provide an answer to that straightforward question with supporting documentation is what ultimately led to my Delaware lawsuit. Even now, the Board refuses to disclose the results of its “inquiry” to stockholders – a remarkable fact given that the Board is affirmatively asking the stockholders to reelect Mr. McGinnis as a director. If the Board now has determined the answer to the question of Mr. McGinnis’s ownership and has evidence to support its conclusion, then it should publicly set the record straight instead of grandstanding. Transparency – rather than more obfuscation – is what would be in the “best interest of all stockholders.”