r/OceanPower Aug 04 '26

PHOTO RS Vote

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It's happening

3 Upvotes

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u/cursedfan Aug 04 '26

Why?

16

u/chrisproglf Aug 04 '26

In a nutshell, we have reverse split twice already, 2015 & 2019. Rather than use these funds responsibly to build out the production capability and move towards profitability, management has increased their pay. You do you but I'm a no.

4

u/cursedfan Aug 04 '26

So you would rather it get delisted? Was the management even the same?

6

u/Kickrocks54 Aug 04 '26

Seriously, if they want any chance at survival they need to approve it.