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Re: erikgroves post# 42763

Saturday, 05/22/2021 11:53:59 PM

Saturday, May 22, 2021 11:53:59 PM

Post# of 46435
A shareholder derivative suit??? really?


Erik Groves
@erikgroves
·
2h
Replying to
@erikgroves

@crapout_OTC
and 6 others
If custodianship isn’t granted, it will be a matter of weeks until the shareholder derivative suit is filed. There are some jurisdictional steps that have to be taken before you can file (notice to the board and opportunity to them to deal with it, etc.).
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Erik Groves
@erikgroves
·
1h
Have to be able to represent 10% of shareholders as plaintiffs.
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Guano
@Guano146
·
44m
I bet we could find enough shareholders to get that 10% pretty easy.

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