6 slides from Ocean Power Technologies's proxy contest presentation, Jan 22, 2024
Slide 1: Vote the Blue Proxy Card and put an end to corporate greed
Vote the BLUE proxy card and put an end to: Vote the Blue Proxy Card for Paragon’s Nominees and send a message to OPT that shareholders are sick and tired of insiders making money while shareholders are losing money everyday. 1. Corporate Greed Ending OPT’s Board paying themselves more while shareho
Slide 2: Look at how insiders have paid themselves while OPT's share price continued to drop
Look at how insiders have paid themselves while OPT’s share price continued to drop By voting only the BLUE proxy card you are making your voice heard and putting a stop to OPT’s insiders profiting at the expense of shareholders. The numbers do not lie. In 6 years, the Board and Executives have take
Slide 3: Our director nominees have a distinguished track record of delivering shareholder value
Our director nominees have a distinguished track record of delivering sustainable, significant shareholder value while remaining 100% aligned with ALL shareholders. We will do the same at OPT. Paragon is nominating four highly qualified individuals who are aligned with shareholder interests. Par
Slide 4: Paragon Technologies Snapshot: 2015 vs 2022 results
2015 2022 % change Revenue 1 $11.6 million $134 million +831% Net Income 1 $848,000 $4.7 million +454% S. Equity 1 $3.6 million $18.0 million +400% Shares Out. 1 1,684,745 1,716,745 +1.9% Share Price 2 $0.85 $9.00 2 +800% 1. PARAGON TECHNOLOGIES 2015 AND 2022 ANNUAL REPORET FILED WITH OTC . 2. SHARE
Slide 5: The BLUE card is the ONLY VOTE AGAINST the current Board
The BLUE proxy card is the ONLY VOTE AGAINST the current Board. If you voted to withhold, you can change your vote and send a stronger message by voting the BLUE proxy card. Do not vote the WHITE proxy card. Do NOT vote WITHHOLD. ONLY VOTE THE BLUE PROXY CARD AND SEND A STRONG MESSAGE TO T
Slide 6: Your vote counts. The Delaware Courts, NOT OPT, will determine the vote.
Your vote counts. The Delaware Courts, NOT OPT, will determine the vote. Do not cast any vote on the WHITE proxy card. Please email us at ir@pgntgroup.com about how to vote your BLUE proxy card or contact our Proxy Solicitor, Alliance Advisors at OPTT@allianceadvisors.com . By voting on Para