Comments on: Spencer Capital leads charge against VXGN board

By: VXGN Q3 10Q out; Greenbackd exits, dammit « Greenbackd

VXGN Q3 10Q out; Greenbackd exits, dammit « Greenbackd — Wed, 04 Nov 2009 04:42:06 +0000

[...] nomination to the board of VXGN, Value Investors for Change and the VaxGen Full Value Committee. Value Investors for Change, led by Spencer Capital, filed preliminary proxy documents in August to remove the board. In the [...]

By: VXGN gifted to OXGN; VXGN directors abandon shareholders, senses « Greenbackd

Fri, 16 Oct 2009 04:01:24 +0000

By: Steve

Steve — Sun, 06 Sep 2009 00:46:51 +0000

What happens to the lease if the company were to liquidate? Who would assume the lease? Are we assuming the facility will be sold with the lease intact and that at worst the value of facility less lease is zero?

By: Special situation: MRV Communications Inc (OTC:MRVC) « Greenbackd

Special situation: MRV Communications Inc (OTC:MRVC) « Greenbackd — Wed, 26 Aug 2009 05:04:42 +0000

[...] Inc (OTC:MRVC) is an activist play with Value Investors for Change – who recently filed proxy documents in relation to VXGN – seeking to replace the “current, ineffective board of directors” with a new [...]

By: JM

JM — Sun, 23 Aug 2009 17:05:43 +0000

Spencer is also involved in proxy at TRID where I believe they own no shares, good to have someone challenging the VXGN board but Spencer is not the strongest dissident group in the world…

By: ikaval

ikaval — Sat, 22 Aug 2009 14:53:22 +0000

so what would their motivation be for spending the time to prep and send this proxy solicitation if they only have 1k shares?

By: Munidude

Munidude — Fri, 21 Aug 2009 19:24:27 +0000

You all do know they only own 1000 shares? I wouldn’t say they have a vested interest in following this through.

By: fugo

fugo — Fri, 21 Aug 2009 16:46:25 +0000

the compensation to the board is beyond excessive its almost criminal. hopefully Spencer Capital is successful. What a waste of $.

By: PP

PP — Fri, 21 Aug 2009 14:58:49 +0000

The shareholders’ meeting is on December 27th.

By: Shaun Noll

Shaun Noll — Fri, 21 Aug 2009 14:35:59 +0000

amazing compensation, i often wonder what sort of corruption even “earned” them that sort of pay for virtually zero work.