Messrs. Lacle, Saleem and Syed will be removed via legal shareholder action utilizing proxies. They had a fool-proof plan, but they failed to implement it. They assumed that they could do whatever they wanted because they held the majority of shares that are eligible to vote for the Board of Directors. Unfortunately for them, and fortunately for the shareholders of Michelex, they were too inept, or too preoccupied dreaming up various schemes, to take the requisite actions that would have provided them with the majority of eligible votes.
I think it is quite clear, self-evident in fact, that creating shareholder value for all shareholders is not the number one concern of Messrs. Lacle, Syed and Saleem; it probably doesn't even make their top 100 list of concerns.
Sincerely,
Dino A. Sawyer
savemichelex@gmail.com
