Good morning, Irish! Thanks for this board, it's already provided some great information for me.
I also have a question. Are OTCBB companies' required by anyone to have a shareholder's meeting? I checked the SEC, OTCBB, NASD and Investopedia sites and have been unable to find anything that suggests this is a requirement.
From my readings, it seems as though the only time a shareholder's meeting is required is when something must be voted on by the shareholders. So, if there's nothing to be voted on, do they still have to have the meeting?
Which brings me to my next question, who determines what is voted on by shareholders and/or the board of directors? Is it the bylaws of the company or is there a regulatory agency that determines this?
Further, if it is required and does not occur, are there any repercussions to the company?
If anyone has any suggestions on where I might find this information, I'd really appreciate the help.