Friday, August 11, 2023 7:01:51 PM
Annual shareholders meetings are required by law. They are vital because they allow shareholders to vote on important matters affecting the company, such as the election of directors and the approval of major corporate actions.
KBLB hasn't had a shareholders meeting since July 2019 (when the Scumbag CEO tried to scam shareholders into giving him over 90% control of the company).
That means that there hasn't been a shareholders meeting in over 4 years.
According to the Securities and Exchange Commission (SEC), a public company MUST hold an annual shareholders meeting at least once every 12 months. The meeting must be held at a reasonable time and place, and it must be announced to shareholders at least 10 days in advance.
If a company fails to hold an annual shareholders meeting, shareholders can file a lawsuit against the company. The shareholders can also ask the SEC to take action against the company.
The SEC can impose fines on companies that fail to hold annual shareholders meetings. The SEC can also force the company to hold a meeting.
If you are a shareholder in a company that has not held an annual shareholders meeting, you can contact the company and ask why the meeting has not been held. You can also contact the SEC and file a complaint.
Here are the steps on how to force a stock company to have an annual shareholders meeting:
- Contact the company. The first step is to contact the company and ask why the meeting has not been held. You can do this by calling the company's shareholder relations department or by writing a letter to the company's CEO.
- File a complaint with the SEC. If the company does not respond to your inquiry, you can file a complaint with the SEC. You can do this online or by mailing a complaint form to the SEC.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/16/2024 09:00:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:52 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
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