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Stock impact report

Kellner Group Urges Stockholders of AIM Immunotech to Vote Gold Card Now for Desperately Needed Change to the AIM Board [Yahoo! Finance]

AIM ImmunoTech Inc. (AIM) 
Company Research Source: Yahoo! Finance
failure to create value for stockholders and its gross mismanagement of the company. The Kellner Group nominees, including Kellner, Todd Deutsch, Robert L. Chioini, and Paul W. Sweeney, have the experience and expertise to turn the company around and create value for stockholders. The current board has overseen a 99% decline in stock price, massive net losses, and excessive general and administrative expenses, and has failed to provide transparency and accountability to stockholders. The Kellner Group nominees plan to reduce G&A spending, focus on promising clinical programs, and bring in new expertise to work with the company's existing scientific personnel. They also intend to review management and practices, implement governance changes, and engage a new independent compensation consultant to overhaul existing compensation structures. Breach of Duties, Gross Waste and Lack of Transparency by Incumbent Board are Disqualifying Incumbent Board has Destroyed Stockholder Value and h Show less Read more
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