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I would approach it like we will need them. Most shipping depots offer fax services, so if you don't have access to a fax, FEDEX or UPS Stores can send a fax for a couple of bucks.
The sooner we have 500,000,001 share votes accounted for, the sooner we can begin the process of notifying all shareholders and executing the formal removal process.
Once the current officers are removed, the focus on Michelex/Pristine business can commence without interference from those with questionable motives.
I would like to publicly volunteer to stuff envelopes if necessary :)
Lacle had nicely-written bio. We don't know what his real reputation is like... Odds are, this is not his first foray into slime...
Well, hopefully we'll have some materially relevant information soon to put in that report! ;)
And thank you!! Even your shares count ;)
Email Mr. Sawdin with your email address: sawdin59@gmail.com
He'll send you your consent...
There is a lot of talk here about a PR, or multiple PRs... Is there a reason for this expectation, or just speculation?
4M shares and holding...
Kudos are in order to Sawdin. Nobody has invested the resources into this endeavor like he has. Investigating every minute detail of this company, its procedures and orchestrating this voting process has taken literally hundreds of hours of his personal time. We will all benefit from his pain-staking efforts and Michelex will have a legitimate opportunity to succeed!!
Thank you, Mr. Sawdin!!
Well done!!
Everyone needs to take the 10-20 minutes necessary to read the documents, print them, sign them and get them returned by any means available.
Every shareholder's consent and shares matter!!
January 2012 is the month we clean house :)
You had me at signed...
Get em' turned in everyone!! :)
15,111,723 reasons to sleep better tonight... ;)
Obviously the market likes what it's seeing!!
Up 36% so far today...
Friday's announcement...
http://biz.yahoo.com/e/120106/hevv.pk8-k.html
We've know this for months. Dr. Shah is the man behind the curtain of Ti-Blatta. Any statement that Dr. Shah is not still involved with Michelex is disingenuous. The linkage is through Ti-Blatta.
"Let our advance worrying become advance thinking and planning." --- Winston Churchill
Nothing has been sent out yet. It will come via email, so if you've pledged your shares, make sure Sawdin has your information including email.
For those of you who have pledged your votes via proxy, please have a sense of urgency once you receive them. The faster they are returned, the faster we can proceed.
I think we're in good shape on this one. Colonial has verified the number of authorized shares at 1B. There is an open line of communication established, so I'm confident we'd be tipped off in the event of an attempt to increase the share count.
It was 250M to call a shareholder's meeting. 500M + 1 to elect a new board.
I am so proud of the members of this board and the other MLXO shareholders who have chosen to be be part of the solution!! It is amazing to watch this unfold like it has been and to be part of a rally like this. Unified, we can breathe life back into this stock!!!!
Hang onto your hats!! It's going to get very fun, very soon!!
What's interesting about the BOD's annoucement is that the by-laws only allow for three members of the BOD... Saleem sort of makes up his own rules as he goes along.
Just an observation here... I noticed most of today's posts were pertaining to a hypothetical situation where the SEC would potentially get involved and potentially halt trading, potentially costing shareholders "thousands"...
This is the most important week in the history of Michelex. The direction of this company can forever be altered THIS WEEK, primarily by THIS GROUP.
Instead of focusing on the task at hand and the THOUSANDS you've ALREADY lost by the ACTUAL situation which is CURRENTLY ongoing, the focus is on a hypothetical?
To each his own, but I really think it's more productive to be loading the wagon and not spending so much time worrying about the mules...
Have faith Elcheepo :)
The action may not salvage the stock price, but it will at least give it a fighting chance. Under the status quo regime, it's doomed...
CC,
I'm not an expert on this stock, but I do hold 200K shares. Essentially, Ener1 lent THINK a large sum of money to keep it afloat. THINK went bankrupt and Ener1 realized it was going to have to restate earnings to reflect the loss. Ener1 missed a filings deadline and was delisted. The stock has been going backwards ever since...
Ener1 is also the target of multiple class-action suits. In a filing this fall, they used some very broad language to warn investors that the company was unsure of its future. I'm confident the language was simply to insulate them from further suits, however, I think the language may have spooked the market.
We are awaiting for Ener1 to restate past earnings and come current with its filings. Once that occurs, hopefully there will be an outline of a plan to get the company relisted. THINK is scheduled to a rebirth in March...
Other thoughts on the subject?
blake,
Thank you for your support. If you get a chance, send an email to savemichelex@gmail.com with your contact information. Sawdin is capturing share pledges and he'll make sure you get a proxy when they are released.
A man of conviction and honor. I have your back anytime Hondo! :)
Elements of the company are a scam. The reports of the funding were fraudulent. The reports of acquisitions were false. However, Pristine Pharma has a real building with equipment. Brian Hayden, the Massena reporter has been to the facility and told me via the "eyeball test" that it looks legit. Remember, the goofy video which caused a nauseating amount of drooling on this message board was also a fraud. It was shot at another facility altogether.
I believe there are contracts, however, probably not as rich as the PRs indicated. The "DRAFT FINAL AUDIT" was an important element of the scam and probably bought Sabir an extra 3-4 months.
The great thing for all shareholders is our ability to selectively remove the poison and keep what looks legitimate and promising for the future. Addition by subtraction :)
Do we know if that address meets a known address of our Sabir Saleem?
If we take those moves in sequence, I think we can recapture lost ground very quickly.
Kakani says there is $270,000 in revenue in 2011. There was $25K in 2010. With some additional funding to finish the retro-fitting of the Massena facility, there could be millions of revenue in 2012.
Elcheepo could write the PR for that announcement and we'd still see a jump in share price ;)
More links...
It will be interesting to find out if it is the same Sabir Saleem.
Credibility of the witness ;)
http://www.ftc.gov/opa/1996/03/wind.shtm
http://www.ftc.gov/opa/1996/10/genisis.shtm
Step One: Remove current Board of Directors
Step Two: Elect new board and attract new investor group
Step Three: SEC notification of fraud (quite likely this has already been done)
Step Four: Watch company grow and watch share price rise with transparent leadership and full compliance with SEC
Nobody is going to invest in MLXO with Saleem involved. He is radioactive to any group with any credibility.
Yes, yes, yes...
Now we're getting somewhere!
Kakani says he'll open up the books to an accounting firm WE choose, while Saleem is trying to cover his tracks. Hmmmmmm... Who do you trust?
I am on the record... You were right.
Well, your monkey was right ;)
All of the due diligence in the world does you zero good if you don't know how to connect the dots. There was smoke, heat and flames... Do you really need a fireman to tell you there was a fire?
There is a reason they call it paralysis by analysis...
I am a bottom-line guy, so (rationale aside) for my money you were right about 2011... However, what does your monkey say about 2012 and beyond???
A PM is a "private message". If you look at the top of your screen, you will see the word "Mailbox". People can send you messages through the system. Please click on "Mailbox" at the top of your screen to retrieve your messages. I sent you one last week as well...
Happy New Year to you too!!
That was definitely one of my New Year's wishes!! Looking forward to help making it come true :)
Think is supposedly coming back online in March. If that happens, Ener1 will have a necessary revenue engine back in the game. It sounds like they are shifting away from smaller batteries and more towards grid technology, but it would be nice if they could manage both :)
I think you are right. A lot of people got spooked by language in a fall filing stating that the ability of ENER1 to continue business was in question. However, with multiple class-action lawsuits, I think that statement was simply to cover their butts.
They are partnered with groups with some VERY deep pockets!!
BECAUSE THERE WAS NEVER ANY MONEY!! IT WAS FRAUD!!