It is critical that Messrs. Lacle, Syed and Saleem be removed today, before they can do any additional harm to shareholders. They have had control of this company from the day they became involved. They have disconnected phone lines, misled investors by knowingly claiming that an unsigned, unfinished audit was 'proof' and 'verification' that Michelex had assets of $15 million. They released a PR on July 15, 2010 claiming that Michelex had invested $1,000,000 in Pristine, yet no records exist proofing this and Mr. Kakani, CEO of Pristine, disputes their claims. In the fall of 2010, Mr. Saleem requested that Mr. Kakani find investors to buy shares directly from the company in order to fund the retro-fitting of the Massena Facility. Why would Mr. Kakani need to go out hat-in-hand to find investors if Michelex had $15 in assets?
The lies, distortions and half-truths go on and on.
If you like the status quo, do nothing. If you believe that Michelex should be a transparent company and that Pristine Pharma Corporation is Michelex' only real asset, fax your consent form today.
Sincerely,
Dino A. Sawyer
savemichelex@gmail.com
