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Re: roadog post# 149341

Thursday, 10/09/2008 7:15:23 PM

Thursday, October 09, 2008 7:15:23 PM

Post# of 326350
LOL. It's a special shareholders meeting, not a general annual meeting. Anybody notice that there is no election of directors or anything else on the agenda? Just the reduction in par value.

The reduction in par value might pave the way for a Board-approved RS without having to submit it to a shareholders vote. I have to think about that a bit more.

BTW, when was the last time we had a general meeting? Law says it must be held once a year. A special shareholders meeting (with a limited agenda) does not satisfy that requirement. Looks like the only way we will get one is if we go to court and get a court order.

What a great bunch of guys we have at the helm of Neom.