It is the minutes. Here's a paste. I don't know how else to post online.
Minutes of the Annual Meeting of Shareholders
of
Cetek Technologies, Inc. held August 24, 2006
Las Vegas, Nevada
The meeting was called to order by Fayiz Hilal, President of the Company at 2:00 pm. Also in attendance on behalf of the company were Robert C. Laskowski, the Company’s legal counsel, and Jim Stock, the company’s investor relations advisor. Also present were seven shareholders of the Company whose names appear on the attached sign-in sheet.
Mr. Hilal informed those in attendance that Mr. Laskowski would act as recording secretary for the meeting. Mr. Laskowski stated that Mr. Hilal had signed a Certificate of Mailing which is attached to and made a part of these minutes. A list of all shareholders of record as of July 12, 2006, was available at the meeting. Mr. Laskowski determined that a quorum was present and that the meeting was legally constituted. Mr. Laskowski’s Certification of Recording Secretary is attached to these minutes.
By virtue of the majority voting power residing in the Series A Preferred Stock held by Fayiz Hilal, the following individuals were re-elected to serve on the Board of Directors until the next annual meeting or until their respective successors have been duly elected and qualified:
Fayiz Hilal
Gordon R. Love Richard M. Spriggs
Gabriel Cohen
Mr. Hilal stated that the directors were considering filing two additional positions on the Board of Directors. However, no individuals were under consideration at the present time. Mr. Hilal asked the shareholders present to offer any suggestions for candidates for the board positions.
Mr. Hilal discussed the Company’s recent change of its corporate domicile from Delaware to Nevada. Mr. Hilal stated that the Nevada Business Corporation Act would afford management greater flexibility in corporate management without any significant negative impact on shareholders. In additions, the annual fees were less than those for Delaware.
Next, Mr. Hilal discuss the Company’s recent acquisition of Belanger Ceramics Grinding, Inc. located in Chelsea, Massachusetts. Belanger specializes in precision polishing and grinding for a wide range of ceramic products. Mr. Hilal stated that the addition of Belanger will broaden Cetek’s customer base while complimenting the Company’s existing facilities in Poughkeepsie, New York and Clarksburg, New Jersey.
Mr. Hilal also conducted a general discussion of the current state of the Company’s business, including a discussion of the Company’s subsidiary, Hybrid-Tek. Mr. Hilal also informed the meeting that the Company had completed open-market stock buy-backs totaling 80 million shares.
There followed several questions from shareholders regarding matters such as general company operations; market price for the company’s stock; and preparation and dissemination of financial information recently posted on the Pink Sheets in the Company’s recently filed Information Statement, and results of operations.
The meeting was adjourned at 3:30.
/s/ Robert C. Laskowski, recording secretary
AI
