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Re: JTORENCE post# 691266

Monday, 05/13/2024 9:31:09 PM

Monday, May 13, 2024 9:31:09 PM

Post# of 694484
I'll agree that she has control, but I believe her past behaviour clearly demonstrates she's doesn't want to be in opposition to many individual stockholder at any time she's speaking to a group of us. I don't think any CEO wants to face law suits from investors, but there are law firms who openly seek running such suits. The Gross Law Group seems to be initiating suits against many companies, one of them is AVXL which I have stock in, their headline often shows up as news multiple times a week here on I-H.

I don't know that she can do anything without informing all shareholders even if she has control of over 50% of shares. That stated, I do believe the company can choose the format of an Annual Meeting, if they wish to minimize investor interference they can hold it in their offices and not webcast it and limit business to issues to be voted. They would simply post results and that would constitute the meeting.

In recent years most companies are doing webcast, or hybrid meetings, but I don't believe the regulators have established how such meetings must be done. Holding a meeting at a time when shareholders are happy with the direction a company is taking is a no brainer if a company has the ability to do it. Sometimes they do, and other times meetings are clearly adversarial with those attending live. Perhaps when we're on a major exchange the company won't have the freedom they've had on the OTC with doing, or not doing meetings in a timely way.

Gary
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