Michelex Corp (fka MLXO)

[sawdin]

Agreed. They are not going to resign out of the goodness of their hearts. Thus, we need to make them understand that their position is untenable and that this stock is DEAD as long as the status quo remains. "DEAD" means that they will not be able to profit off of MLXO. We will try to get them to leave w/out a huge fight, as that is best for all parties (e.g., no litigation costs, SEC involvement, ruination of reputations, etc.). However, all options are on the table.