Platinum urges the Board to quickly work through the proposal and stands ready to assist in any way it can. It believes that the Company has a potentially transformative product in the CGM Technology that needs to be developed without further waste of time and money. The Board must show the market that it is no longer business as usual at Echo. As the letter to the Board makes clear, Platinum's proposal expires at 5 PM on Wednesday, September 4, 2013 unless accepted by the Board before then. If the Board once again lets another prime opportunity go by, Platinum reserves all it rights to take further action.Letter to the Board
Platinum-Montaur Announces Proposal To Reverse The Destruction Of Shareholder Value At Echo Therapeutics, Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts