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Re: nycinvst post# 2777

Tuesday, 08/02/2005 12:49:06 PM

Tuesday, August 02, 2005 12:49:06 PM

Post# of 35337
"Any person who shall have been a shareholder of record of a corporation upon at least five days' written demand shall have the right to examine in person or by agent or attorney, during usual busines hours, its minutes of the proceedings of its shareholders and record of
shareholders and to make extracts therefrom for any purpose reasonably related to such person's interest as a shareholder."

This is from the 624 law you referenced...it looks like a shareholder can get minutes from proceedings of it's shareholders.....doesn't say anything about being able to extract minutes of the Board or Executive Committees...if a shareholder could do that, wouldn't every shareholder be able to obtain inside information on deals and material events prior to those events being disclosed in an SEC filing or a press release..?

Your use of the term "covert operations" has a nice friendly tone to it...




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