Dream Chasers Urges Carver Board to Convene Urgent Special Meeting
Board's Delisting Decision: Dream Chasers criticizes Carver's Board for attempting to delist the company's stock without a shareholder vote, arguing it undermines shareholder rights and serves only the Board's interests.
Shareholder Discontent: The Board's actions have led to significant financial losses for shareholders, with 70% of retail shareholders opposing the Board in the last annual meeting, highlighting a lack of accountability and representation.
Call for Action: Dream Chasers demands a special meeting for shareholders to vote on the delisting decision, urging all shareholders to contact the Board to prevent further actions that could harm shareholder value.
Concerns Over Management: The commentary raises concerns about the Board's management practices, including high executive compensation amidst financial losses, and emphasizes the need for Board representation that aligns with the interests of retail investors.
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