- Maintains the exchange offers of preferred stock into common stock do little to improve AHT's immediate liquidity needs, while insiders continue to drain AHT's cash through questionable fee arrangements with related parties
- Details simple steps to improve AHT's capital structure and restore credibility to the business without diluting common stockholders by up to 94%.
- Increases ownership in the Company because it strongly believes in the Company's future upside.
- Urges common stockholders to vote AGAINST the charter amendment proposal and urges preferred stockholders to NOT tender their shares.
PR Newswire
ATLANTA, Oct. 22, 2020
