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Re: Mr Twenton post# 5575

Tuesday, 01/17/2017 8:24:55 AM

Tuesday, January 17, 2017 8:24:55 AM

Post# of 6624
Thanks for the agenda Mr. twenton. Informative. Its just a housekeeping meeting, allowing GE to take control of the board as I opined. Was amused when some posters thought they might have a say in the new board selection and company operations with GE owning 75%+. Lets see how much input the 15% have in this meeting and selection. Don't see Elliot having much input. Amused by all that regulatory language posted by some, purporting to show how much influence they might have. All that goes to process protections, not operation protections and GE will control operations even without the 90% so many said GE would need. As useful as those reams of language purporting to show that GE would need to disclose on an ongoing basis how many shares they had acquired. Most of this ge could have accomplished with just 51% which I thought GE would also go for if they did not get the 75% minimum. They easily accepted 73%, below the minimum as I thought they would.

Bottom line, not much of a chance for Little guy questioning or input so would not attend. Perhaps the questions I raised and others can be asked at the general annual meeting which I think is in March?? But again thanks a lot for the info, looks like GE is moving quickly to obtain operational control, the 15% not withstanding. Now lets see if the stock can trade well which it isn't lately.

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