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Wednesday, September 17, 2014 10:57:40 AM
Have to agree with you with the majority of bashers are disgruntled longs, with a few exceptions. I think we have all been extremely patient, but would also think that this next 6-12 months would be the max tolerance for patience with this current BOD. AT that point in time if it is the same old, just another upcoming potential list for newbies, and long toothers, then I think most of us will blow our top.
Obviously, the way the BOD is set up, there is practically no way to remove them, maybe a complete breach of fiduciary duty is the only way. I do believe there are ways to add one though and the question is when does the masses or those who have a say cause that to happen. Does even that ability or voice cause the BOD to think or tremble at the thought, lol, who knows their thought process.
For now, I think that most of us have the same thought process of giving this team another 6-9 months, not that we don't think it should be happening now, but after 6-9 months a number of catlysts need to be delivered on, something to move the share price along.
Just so people are aware, I have updated the list of shareholders that have privately emailed me or PM me share counts. I have a list of 49 people totaling about 10.2 million shares. And before anyone goes off saying that this can be used to find out where shares are, will be used to influence you, etc. I say bull----.
It is just a list to know really what we have, and it's a list that if we needed to band together for a voice in what is going on here, then we can stand together if those on the list choose to do so.
I think 20 million would be better, obviously since that is more than 10% of the company, and that would be about 50% of the votes casted last year. Quite frankly I don't know if they will ever be needed, wouldn't know what to do with them, although I do think adding a Board member would be nice. Maybe we can vote for CP.
If anyone else wants to add their name privately email or PM me and I will add your name to the list.
Hope this all a waste of my breath, but I can't imagine going into next year's proxy vote or ASM with the same share price without any substantial changes.
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