Al Hartman Challenges Silver Star Properties (SLVS) Management Over Governance Failures and 42-Cent Buyout Pressure

The presentation by the Hartman Shareholder Alliance accuses Silver Star Properties’ management of engaging in a pattern of fraudulent and self-serving conduct. It highlights concealment of financial records, self-dealing with Benefit Street Partners, discriminatory denial of stock ownership, misrepresentation of loan terms, and false disclosures to the SEC. It warns shareholders against selling shares at $0.42, calling it a scheme to entrench management despite defaults, failed refinancing, overpriced acquisitions, and property neglect. The presentation urges shareholders to reject management’s proposals, participate in a call to review evidence and the recovery plan, and vote for accountability at the October 6 meeting .