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Re: PrimeTrader post# 7314

Thursday, 06/12/2008 11:12:54 PM

Thursday, June 12, 2008 11:12:54 PM

Post# of 11481
Applying your fantasies doesn't count as disclosure. Please provide proof of your allegations or stop slandering me.

Here's a bedtime story for scorry.

Provisions of state law, the Company’s articles of incorporation and bylaws may discourage, delay or prevent a change in the Company’s management team that stockholders may consider favorable. These provisions include: authorizing the issuance of “blank check” preferred stock without any need for action by stockholders; permitting stockholder action by written consent; and establishing advance notice requirements for nominations for election to the board of directors or for proposing matters that can be acted on by stockholders at stockholder meetings. These provisions could allow the Company’s board of directors to affect the investor’s rights as a stockholder since the board of directors can make it more difficult for preferred stockholders, if applicable, or common stockholders to replace members of the board of directors. Because the board of directors is responsible for appointing the members of the management team, these provisions could in turn affect any attempt to replace the current or future management team.


http://www.sec.gov/Archives/edgar/data/1175860/000114420408022557/v110553_10ksb.htm

Everyone has an opinion - but, this one is mine.

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