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Re: _mmech post# 571

Wednesday, 03/23/2011 12:42:52 PM

Wednesday, March 23, 2011 12:42:52 PM

Post# of 2281
Naming Patrick Teo as a director is considered a material event as I showed you in my previous post, This includes Dr.K naming himself as the American director of VGE PTE LTD ...

IMO for him to name himself as the American Director of VGE PTE LTD shows that the Board voted on this and approved appointing Dr, K to that postion especially when Chang's 50.1% allows him the controling vote on this matter and of course Patricks appointment as well.

Remember Carl can just name himself director of a subsid especailly when he does not have a controling vote, he must go through the board first.

That is the purpose of the 8K system, it shows shareholders that all moves the company does and it's directors do are public knowledge to not just us shareholder but the other directors as well.

With out this one would have to question if Carl even told Chang he appointed Patrick as director....???

Gosh Josh...spanky spanky...LOL

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