Shareholder's meeting questions
The way I would personally see this working would be as follows. Shareholders agree a list of questions that they would like submitted to the company. The agreed list is then submitted to the company prior to the meeting so that they have a chance to review it and prepare answers. Perhaps at the meeting they could then have a session ahead of any Q&A where they provided answers for the questions raised that had not already been covered in e.g. previous presentations. The company may well not want to do adopt such a process, but in the absence of an agenda for the meeting it is difficult to tell. There is no harm in preparing the list anyway, as it would give the company some idea of the issues and concerns that they might want to address in their presentations.
As an example of the "valid, intelligent, and polite but yet probing questions" format suggested by Nitya, I submit the following questions related to the Scientific Advisory Board for consideration.
Scientific Advisory Board (SAB)
Can you confirm the current composition of the SAB? Some individuals were previously listed in SEC returns and on the company website as being SAB members, e.g. Ramin Mirhashemi, Ferenado Arena and DC Rao, but these individuals no longer appear to be SAB members. For any people who are no longer SAB members can you provide an explanation as to why they are not?
Can you explain the role of the SAB and the services that are typically performed by SAB members?
Can you explain how the remuneration level of 50,000 shares of common stock per annum was arrived at? In the Company's opinion is this sufficient to attract and retain the type of individual that the company would want as SAB members?
As per the last 10K the company has initiated plans to expand the SAB to include "other scientists who will actively contribute to our effort in increasing the number of BGA sub-categories from our current four, to as many as 20." Can you provide an update on how these efforts are progressing? Are there any current plans to expand the SAB to include scientists in disciplines other than biogeographical ancestry?
Can you explain the difference between the SAB and the Board of Consultants, which was also mentioned in the last 10K?
