the rescheduling of the shareholders meeting,
while they await the final decision on a little issue outstading.
Ummm let me excerp u a piece that if your not familiar may fill in some blanks
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Richard J. Lewis III, CEO and Chairman of TCI stated that, “While the SEC was recently successful in having the United States District Court for the Northern District of California order the Hamedanis’ disgorged of over 14 million shares of TCI stock, new TCI management felt that there were still a substantial number of shares of TCI stock wrongly held by nominees of the Hamedanis’. We filed this lawsuit because we expect to prevail, and in so doing, we expect to have over 2 million more shares of TCI stock held by Nominees of the Hamedanis’ disgorged or canceled, including 1.4 million shares which as a result of the TRO, on March 19, 2009, were interpleaded by the online brokerage firm ShareBuilder Securities Corporation to the United States District Court for the Western District of Washington at Seattle.”
Mr. Lewis added that, “I felt we owed it to our shareholders and to the company’s bottom-line to prevent the Defendants from profiting from the sale of these shares and to get these shares back to TCI’s treasury, as if never issued.”
http://ih.advfn.com/p.php?pid=nmona&cb=1238545914&article=37055618&symbol=NB%5ECITC
that should be the right link
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