InvestorsHub Logo
Followers 30
Posts 4021
Boards Moderated 0
Alias Born 08/01/2004

Re: Dickmo post# 59148

Saturday, 02/10/2007 9:35:57 PM

Saturday, February 10, 2007 9:35:57 PM

Post# of 82841
Under Nevada law, investors holding 15% of the o/s either individually or as a group can send a demand letter to inspect the company's books. If the CEO claims the o/s is 700M and everyone reporting holdings so far has told the truth, you're well past the minimum 15%. This is an avenue open to try and find out the truth. Reporting investors though would need to be polled on whether they vote for approval in doing it.



-----
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.