Michelex Corp (fka MLXO)

[sawdin]

I appreciate Karbo's sharing information w/ fellow shareholders. However, the fact that we need to rely on another shareholder in order to receive scraps of information is ridiculous. Shareholders should be receiving information directly from management and that information should be disseminated publicly (e.g., via a posting on the company's website). Receiving second-hand information from another shareholder who does not have a fiduciary responsibility in regards to Michelex' operations is not acceptable. I want to be clear that I am not casting any aspersions in regards to Karbo's intentions, but rather noting that management is once again being derelict in regards to their most basic fiduciary responsibilities.