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Re: Veblen post# 44259

Friday, 02/24/2012 7:18:03 PM

Friday, February 24, 2012 7:18:03 PM

Post# of 80983
That's a silly question, but i'll answer nonetheless.

The BOD held certified "proxies" for 647,000,000 shares (I have no idea how many of those were "owned" by the BOD, nor does that matter), so in essence there was no "voting" going on. The BOD controlled the outcome of the vote from the start, but the whole process had to be completed according to the laws of Nevada!

So, there was technically no need for us to raise our hands in agreement (but shareholder's did have to second nominations, etc...)

Certainly dissent would have been duly noted and considered, but none was brought forth. There was even an open call for anyone to nominate someone to join the BOD, though none were tempted at the thankless job (in case you were wondering if we were being "forced" to follow the board or any such nonesense)

So no counterfeit shares were voted, no need...