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Thursday, October 21, 2004 1:52:42 AM
I responded with what's IN the Agreement. I posted the relevant info which places our 68% B Share majority in clear control of the business plan. Wouldn't you agree that control of the business plan places us in operational control of the company?
You'll find in the agreement that all of the shares (Common, Preferred A and Preferred B) carry a share capital weighting of 1.0. You'll find numerous references to an "Accession Agreement" that was not included in the public filing, but which was ratified by the shareholders.
You'll find text that explicitly expresses DNAPrint's desire that Management at Biofrontera continue in their current capacities. If DNAPrint is not in position to remove current management, what need would there be for such a clause?
We can't continue a discussion that would ignore what is in the legal documents, just so you can continue to "claim" it isn't so.
Go ahead and read it. Until you do, there's not much more to discuss.
Later,
W2P
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