"To provide perspective for your question, as we understand, the legal requirements for annual meetings are for them to occur sometime during the company's FY, which ends Oct 31, as you may know. My guess is that there are exceptions for limited duration extensions, though we have not looked at that at this time."
It sounds like they aren't really sure about the legal requirements for annual shareholders meetings. This is one of the basics rules for a publically trade company!
They also think there are limited duration extensions but they haven't checked yet. That statement gives me the feeling that they plan to find out and use it to it's full advantage to put off facing shareholders as long as possible. Why else answer a straight forward question in such a manner?
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