Core Viewpoint - Alex Kinzler does not support Ned Sherwood's consent solicitation aimed at taking over Barnwell Industries without offering a premium to shareholders [1][3][4] Group 1: Company Position - Barnwell Industries, Inc. is actively defending against Sherwood's consent solicitation, which seeks to replace the entire Board of Directors [2][3] - Kinzler submitted a consent for one share to initiate the 60-day solicitation period, clarifying that this does not indicate support for Sherwood [3] - The current Board of Barnwell does not endorse Sherwood's actions, emphasizing that shareholders should disregard any blue consent cards sent by Sherwood [4] Group 2: Shareholder Communication - Shareholders are warned to ignore any communications from Sherwood, as his takeover attempt is described as costly and disruptive without offering any premium [4] - The company urges shareholders to discard any blue consent cards they may receive from Sherwood [4]
Barnwell Industries Corrects Ned Sherwood's Misleading Claims