On January 8, 2024, Focused Compounding Fund, LP issued a letter to the board of directors of Parks! America, Inc. stated that the Company has not held an annual meeting for 13 years and the board?s strategy to stay in power is to never, ever hold an annual meeting which is not a choice a board can make. Focused Compounding added that without regular, free and fair elections directors become dictators, they face shareholder votes and mentioned that the Company can appoint whoever you want to the board between elections but can?t call off elections entirely as it a public SEC-filing company and not a trust, a charity, a club, or a college.
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5-day change | 1st Jan Change | ||
0.4252 USD | -0.42% |
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-3.36% | +21.49% |
Jun. 15 | Parks! America, Inc. Announces Executive Changes | CI |
Jun. 15 | Lisa Brady Steps Down as Chief Executive Officer of Parks! America, Inc | CI |
1st Jan change | Capi. | |
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+21.49% | 32.2M | |
-12.30% | 46.95B | |
+1.68% | 3.36B | |
+21.11% | 1.17B | |
-27.37% | 717M | |
+10.24% | 630M | |
+0.57% | 588M | |
+28.02% | 494M | |
-2.95% | 338M | |
-15.05% | 274M |
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- Focused Compounding Issues Open Letter to the Board of Parks! America