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Re: 57tbird post# 12152

Saturday, 12/08/2007 2:54:03 PM

Saturday, December 08, 2007 2:54:03 PM

Post# of 45181
Tbird, my unofficial legal opinion is to refer to the rules and laws of Delaware Corporations. Consent was filed with the agent and Secretary of State in Delaware. My understanding is that the only way to change this procedure is to go to court and invalidate the action taken. Or you could have another consent by shareholders to invalidate the prior, but JL has trouble with either of these because Delaware chauncery and or Henry Kennedy would invalidate (to say the least) JL. This may not satisfy your question but it is the way it has been legally interpreted that Delaware corporate law works.