Redwood Group International (RDWD)

[Sloth97]

Hey all,

The meeting was good. They are trying to secure financing through a Chinese bank but cannot do so unless they have a guarantee that they can pay. This is where La Jolla comes in. This is the only way S3 can secure a line of credit as it would be for anyone that is trying to get a loan.
I am at work. I am trying to type up a more detailed account of the meeting. I will post it later. The other items voted were already things we had. You just have to vote those items every annual meeting. The auditor, law firm and BOD are all the same as we had. Next year, we will have to vote on them again.
I will post more later if I can. Sorry, but I'm pretty busy. The overall outlook for S3 seems very promising. Obviously, they aren't going to make the shareholders feel bad about their investment but the company is performing quite well.

Sloth