Thursday, May 25, 2017 8:44:04 AM
Also, you seem to be objecting to BOTH increasing Authorized Common and Authorized Preferred, but your email verbiage doesn't address the Preferred (I think). Why not?
Just asking for some clarification on what you are trying to accomplish with your counterproposal.
Like you, I don't want to give the BOD indiscriminate power to DILUTE the rest of us, as we've been the one's who have held on and helped this company survive.
Just saying that we need a better explanation of WHY such a huge DILUTIVE proposal is on the table. Why can't this Proposal 3 be discussed at the Shareholders Meeting PRIOR to putting it up for a vote immediately thereafter?
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