Here's an interesting part of the 13-d that Bel Fuse filed.
freedgar.com
Bel Fuse acquired the Common Stock for investment purposes, and except as described below, Bel Fuse has no present plans or intentions which relate to or would result in any of the transactions required to be described in Item 4 of Schedule 13D. Bel Fuse intends to closely evaluate the performance of the Common Stock, including, but not limited to, the continued analysis and assessment of the Company's business, assets, operations, financial condition, capital structure, management and prospects. Depending upon the Company's financial condition, results of operations, future prospects and other factors which Bel Fuse deems relevant, Bel Fuse may, and hereby reserves the right to, (i) acquire additional shares of Common Stock of the Company or sell the shares Bel Fuse owns, (ii) communicate with other shareholders of the Company or persons who may desire to become shareholders of the Company regarding the replacement of the Company's executive officers, members of the Board of Directors of the Company, and/or other matters regarding the management and operation of the Company, (iii) seek the removal of one or more members of the Company's Board of Directors and/or executive officers, (iv) seek to amend the Articles of Incorporation or By-laws of the Company to increase the size of the Board of Directors, elect one or more designees to fill any resulting vacancies, facilitate the removal of one or more directors and/or executive officers of the Company, and/or for any other purpose, (v) solicit proxies, to be used at either the Company's regular annual meeting or at a special meeting, or consents in lieu of any such meeting, for the purposes described in (iii) and/or (iv) above or for the election of one or more nominees of Bel Fuse and/or such other shareholders to the Board of Directors of the Company, (vi) seek to cause the Company to merge with or into, consolidate with, transfer all or substantially all of its assets to, or otherwise engage in any business combination with, one or more other parties (whether or not affiliated with or otherwise related to Bel Fuse), or (vii) take such other action as Bel Fuse may determine. |
