Vince Martin on the ”Game of Thrones” style proxy fight at $CUTR

Vince Martin, Lead Analyst and Writer at the Overlooked Alpha newsletter, discusses the "Game of Thrones" style proxy fight happening at $CUTR. For more information about the Overlooked Alpha newsletter, please visit: https://www.overlookedalpha.com/

Chapters:

[0:00] Introduction + Episode sponsor: Stream by Alphasense

[2:06] What is Cutera $CUTR - An Overview

[3:33] Cutera's acne products

[5:44] Sales strategy for acne products and how that panned out

[8:35] Understanding to potential stickiness for AviClear and comparables

[11:13] Proxy fight

[15:21] Dynamics between CEO and Executive Chairman

[21:40] Market response to board's decisions; specifically withdrawing 2023 guidance

[25:00] Unique gamesmanship

[27:44] More on withdrawing guidance; that could've been a tool for the board

[30:50] How two biggest shareholders seem to not support the board's decision to fire the CEO and Executive Chairman

[34:12] Executive Chairman's background; what's his angle and potential reasons for why he wants to become CEO

[37:56] Board of Directors' potential paths to winning

[42:50] How odd this proxy fight really is; as Andrew puts it, very "Game of Thrones"

[46:27] Most likely outcome of the $CUTR proxy fight

[48:03] Does every see a "golden goose" or value destruction?

[51:37] Closing thoughts on $CUTR and valuation Today's episode is sponsored by: Stream by Alphasense Are traditional expert calls in the investment world becoming obsolete? According to Stream, they are, and you can access primary research easily and efficiently through their platform. With Stream, you'll have the right insights at your fingertips to make the best investment decisions. They offer a vast library of over 26,000 expert transcripts, powered by AI search technology. Plus, they provide competitive rates on expert call services, and you can even have an experienced buy-side analyst conduct the calls for you. But that's not all. Stream also provides the ability to engage with experts 1-on-1 and get your calls transcribed free-of-charge—all for 40% less than you would pay for 20 calls in a traditional expert network model. So, if you're looking to optimize your research process and increase ROI on investment research spend, Stream has the solution for you. Head over to their website at streamrg.com to learn more. Thanks for listening, and we'll catch you next time. For more information: https://www.streamrg.com/