Originally Posted by
todd1200
For anyone really worried about a TWA 2.0 scenario at JB, take a look at the restrictions that Icahn agreed to in order to get his two board seats. Looks like he's can't propose selling material assets, can't attempt to gain additional board seats, can't attempt to remove existing board members, etc. I think our board saw him coming and put limits on his involvement to make sure he can't dismantle us the way he did TWA.
Of course, he may have some entirely new tactics up his sleeve, but it does look like he'll have enough influence to be a thorn in the ELT's side, but not enough to take control of anything.
https://www.sec.gov/Archives/edgar/d...entandnomi.htm
Just my interpretation, I could be way off.
^^^This^^^
They did a good job protecting the company against a TWA 2.0.
There’s some big money investors (Ichan and Soros) betting on upside. It may not be all doom and gloom, something is brewing, and if some very smart Wall Street types (regardless of your opinion on Ichan) are willing to invest $$ in B6, especially with the restrictions that are in the SEC filing, it’s just possible, remote as it may be, there may actually be some plan we (pilot arm chair CEOs) don’t know about.
Or, maybe not🤔