I know of many investors who will contact the SEC in a heartbeat if Messrs. Lacle, Saleem and Syed are not removed, and there's nothing I can do to stop them. However, the SEC has many tools available and Michelex would not necessarily be dead, they might just deal with those who need to be dealt with.
Much more preferable just to remove them, isn't it? Fortunately, that should occur very soon. If the SEC or the State of Utah Attorney General’s Office and Department of Commerce want to go after them, not Michelex, that's fine with me.
For those who dread SEC involvement, the surest way to prevent any adverse impact to Michelex is to replace the current BOD with a board that is committed to transparency. Transparent companies that don't defraud investors are way, way down on the list of companies that the SEC goes after. In fact, they probably are not even on the list.
Sincerely,
Dino A. Sawyer
savemichelex@gmail.com