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Re: Anvil post# 105483

Monday, 04/30/2012 11:18:09 AM

Monday, April 30, 2012 11:18:09 AM

Post# of 118239
It probably isn't necessary to take over the company, but it should be possible to force a vote on something. It doesn't matter what the subject of the vote is, just that it occur.

Any major shareholder can demand a meeting of the stockholders. If any one person here solicited enough proxy votes from the audience he/she could probably register a request for a meeting and demand a vote on some subject, new board member, share restructure, whatever. Once a meeting was set up and a vote scheduled there would have to be some transparency made public. For a start the number of voting shares in the float would have to be made known in order for a vote count to be tabulated. Furthermore the number of preferred shares and their relative strength would be made public.

Once the process was started it would provide a certain level of information to the shareholders that they do not have now.

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