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Re: None

Tuesday, 03/15/2005 5:09:53 PM

Tuesday, March 15, 2005 5:09:53 PM

Post# of 45771
Not much volume today. I see some people are getting antsy and want to have a look at the books. That is a right given to shareholders under Nevada coporate law. They need 15% of the voting shares to accomplish such an action.

Yet, most are criticizing even making an attempt to look at the books! Why would anyone be against it? It's our right and with no news coming from CDEX, it sounds like the prudent thing to do.
I'm amazed at how so many shareholders want to turn a blind eye when you look at the past history of this company.

No matter, I doubt it will ever happen. Case in point: Same thing happened when some of us tried to hold Loch accountable. The same people who lobbied againt that will lobby against this too. Not enough support!!

It may be a mute point regardless. I believe the different class of shares issued by CDEX were also given more voting power. I don't remember the ratio but I'm sure it was done to maintain control over the company. Is the 15% needed an attainable figure?

I'm not sure. Does anyone else know?
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