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Re: None

Wednesday, 08/17/2011 9:50:15 AM

Wednesday, August 17, 2011 9:50:15 AM

Post# of 94176
Every year a shareholders meeting must be held to keep your corporation status. Only those with voting rights are asked to be present to decide the future of the corp. Common shareholders have no voting rights. If Robert who owns most shares and Richard who is the CEO meet or talk on the phone at least once a year that qualifies as a shareholders meeting. I own shares in Walmart and home depot and I have never been invited to one of their meetings, geez I am even allowed to park on the handicap spaces. What Wdrp did was an emergency meeting sort of what corps do when an officer if the corp dies and someone must be chosen immediately to take over that position. A perfect example is our government. Congress held an emergency meeting to bail out the banks, reps were called in a few hours before the meeting and some did not have time to read the 1000's of pages of the preliminary report.