As expected, emotions are running high today. But remember, a change in the BOD was something RN recognized and acknowledged was necessary. RN also recognized that it was time for him to voluntarily relinquish the role of CEO of NOT. Both these changes have been accomplished. Don't forget that he was cognizant of Irwin's displeasure for months and made an attempt to appease a major shareholder with a compromise slate of BODs. These actions by RN bespeak of an intelligent, concerned, open-minded, trustworthy gentleman who would rather see his company live to carry on for a better day for his shareholders, than leave it in shambles for surely, had no compromise been reached this weekend, we would be in a much, much worse state. Our management is intact, at least for the moment. The new BOD deserves our tentative support, as RN is encouraging us to do so. Just remember, this whole messy event has put NOT's new BOD and management under the public microscope like never before!!! The power of a united group of retail investors has been proven and hopefully will act as a warning to others who seek to make material changes to a BOD that would infringe upon the basic rights of shareholders to be treated with integrity, honesty and equality.
Respectfully submitted
geoprof
