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Re: ztect post# 29621

Saturday, 03/26/2011 10:24:08 AM

Saturday, March 26, 2011 10:24:08 AM

Post# of 53841
ztect: ABLE was a successfull R/S. After the R/S it continued to claim in share price. HOWEVER, about 1 or 2 years later the company became embroiled in some questionable operations that took it down. I was fortunate to get out before the major downturn.

My concern with VTSI's proxy is the erosion of stockholder influence. Why reduce the required number of directors or voting pecentages if you plan to later attempt to get listed?

I think we all can agree that audited financial statements are much more critical than a R/S.
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