The board of directors of the company OPEN is facing criticism from shareholder Eric Jackson, who accuses the current leadership of being disconnected from shareholder interests and wasting company resources. Jackson argues that the board lacks urgency and gratitude, calling for the entire board to resign and for himself, along with Keith and Eric W, to take over as directors. He emphasizes the need to appoint a new CEO capable of driving the company's stock price to $500 per share. Jackson also highlights that no one associated with OPEN has purchased stock with their own after-tax dollars recently, questioning the board's commitment. Meanwhile, retail investors remain optimistic about OPEN's potential turnaround, contrasting with skepticism from traditional finance professionals. There is also public anticipation for Chamath to return to the company to help elevate OPEN's performance, with support from figures like Jason and Eric Jackson himself. The stock price has seen a rise from $0.50 to $5, a jump attributed by some to Jackson's influence, though the current board has not engaged him for a leadership role.
Yo Eric, @ericjackson how is it possible $OPEN board has not contacted you to join board / be CEO when u are responsible for stock jump from .5 to $5? Does the board think they did it? I don’t get how possible
My Mothers’ money is at risk in OPEN - her after tax dollars! Do you think I’m just going to sit back and relax about the BOZO board doing NOTHING to improve this company? Step down in SHAME.GO - JUST LIKE CARRIE! You’re done here
Every current member of this OPEN board of directors is worth exactly 26 cents a share We need OPEN directors who are worth $500 a share