Parks! America, Inc. Cites Focused Compounding’s Principals’ Lack of Relevant Corporate Experience
PINE MOUNTAIN, Georgia, March 27, 2024 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCPink: PRKA) (“Parks! America” or the “Company”), a leading operator of regional safari parks in the United States, today advised stockholders of its view that the dissident slate of directors offered by Focused Compounding Fund, L.P. is not qualified to operate Parks! America as a public company. Parks! America urges stockholders to vote for the Company’s slate of director candidates. The full text of the letter to stockholders follows.
- The slate of nominees proposed by Focused Compounding Fund, L.P. (“FC”) is not qualified to run Parks!
- These individuals are not prepared by training, education or experience to run a public company.
- They have not worked in senior management positions in any corporate environment, much less at a publicly traded company.
- FC’s principals appear to believe that their narrow skill sets are immediately transferrable into running a unique public company like Parks!