Jason Tillberg

Premier Exhibitions: The Controversy Continues

Shareholder activism is very positive for this company's shareholders. Given the past earnings as a percent of assets, the franchise of this company is indeed a valuable asset, but management has gone overboard on growth plans and has destroyed the profit margins by paying themselves way too much compensation.

As a recent shareholder, without shareholder activism at this point, I'm afraid the current management has the potential to continue to destroy shareholder value with both exessive pay and risky growth.

I commend Odyssey for their letter to the board and I would back their efforts. Marc Sellers added position shows his confidence. I too added shares for my clients in this recent pullback.

I would not have any problems with the sale of PRXI in the range of what I think the company is worth, around $7 - $8 a share.

Premier Exhibitions: Good Business, Good Buy

China I believe. Growth can come with leveraging off their existing exhibitions just as they've been doing. They certainly have the funds to do so.