It's a taxing weekend for me! To build a working plant, I would reconstitute the Board. That is part of the reason I feel a sale is the best route. Too much liability for the existing players. Even the major shareholders could take on some liability if they voted for Marty to go ahead and build and operate the plant. I continue to work on our previous discussion.
Marty put forth a proxy to authorize 40 million in preferred shares and to give himself a nice raise. This effort has been burred and deferred. The preferred is a poison pill and Marty wants to make some money if he succeeds in getting this done. Sure has my vote. Funny we can't seem to get the annual meeting back on schedule.
Maybe something meaningful will happen soon.
Happy Trading!
