Frankly, we would have thought you would be reaching out to shareholders and welcoming and acting on the positive ideas suggested by Platinum and others. However, the Board's terminal inaction convinces us that you cannot or will not right this ship without outside pressure and leadership. We cannot wait any more, and we sense that other shareholders feel the same way. We must now publicly advance a proposal that we believe provides a real lifeline to this troubled but potentially fantastic Public Company.The following is a summary of our proposal:
Platinum-Montaur Announces Proposal To Reverse The Destruction Of Shareholder Value At Echo Therapeutics, Inc.
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