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Re: plaintif2000 post# 30342

Saturday, 12/08/2007 5:59:46 PM

Saturday, December 08, 2007 5:59:46 PM

Post# of 60938
P2k - you're dangerous. Please don't ever become my friend. Doesn't sound like I am in danger of that happening.

The corporation does not have to vote its shares for anything. Any outstanding share not produced in a proxy fight IS AUTOMATICALLY AN EFFECTIVE VOTE IN FAVOR OF THE COMPANY. And that is what I was talking about. In a proxy fight you must produce over 50% of the outstanding shares. PERIOD!

That does not hold in a duly called shareholders meeting where a majority of votes holds. THE TWO ARE NOT THE SAME as I specifically pointed out. If you don't know what you are talking about, at least be quiet and don't mislead the others with your pontification.
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