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Parks! America, Inc. (OTCPink: PRKA) will report its second quarter fiscal 2024 financial results on May 14, 2024, and host a conference call at 4:30 PM ET. The company operates regional safari parks in the U.S. Interested parties can access the call via phone or webcast. Parks! America owns and operates three regional safari parks in Georgia, Missouri, and Texas.
Parks! America, Inc. addresses false assertions made by Focused Compounding (FC) regarding the upcoming Annual Meeting of Stockholders. FC's attempt at a hostile takeover has caused confusion and financial strain on the company. Despite PRKA's efforts to settle, FC continues to reject offers and aims to control the company without majority ownership. FC's nominees lack relevant experience to revitalize PRKA. FC's actions, including lawsuits and potential cost recovery, raise concerns about their intentions. CEO Lisa Brady has made significant progress in improving the company since taking over in 2022. Independent proxy advisory firms recommend voting against FC's proposals. PRKA urges shareholders to vote on the WHITE card for the upcoming Annual Meeting on June 6, 2024.