InvestorsHub Logo
Followers 16
Posts 1928
Boards Moderated 0
Alias Born 06/05/2005

Re: mundo post# 142037

Saturday, 04/21/2007 2:13:38 PM

Saturday, April 21, 2007 2:13:38 PM

Post# of 249254
Mundo....let´s assume we hold about 25% of the float. Further lets say the institution will also vote against (what I really doubt) we have not reached 50%.

I´m sure it´s a done deal, since there are many shareholder who don´t care and vote for or don´t vote at all, which means for the proposal. What I want to express to management is a REASONABLE NO percentage to this. Further I know that they need SOME MILLIONS options to issue, but not that much.

a 90% YES would give them a "WE CAN DO ALL WHAT WE WANT" ticket and I´m not happy with anything similar to this.

The decision is not easy but some of us HAVE to say NO!

BR

ISPRO

KEEP RACING

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.