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You've omitted some details:

d. If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder.

i. This is not a threat, it's simply not a good investment without the changes that need to be made.

ii. And those changes won't happen without taking the company private.

https://www.sec.gov/Archives/edgar/data/0001418091/000110465...



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