![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, June 29, 2012 1:27:47 PM
Doug Johnson is allegedly quoted as saying "F*ck the shareholders, this is my company and no one is going to tell me how to run it" when confronted about not scheduling an annual shareholders meeting this year.
Also very interesting to see how many alleged opportunities for financing that were rejected by Strickler and Johnson.
Strickler and Johnson allegedly tried to create a preferred class of stock and issue it to themselves without shareholder approval. This was allegedly stopped due to Paul Thompson's objections.
Strickler and Johnson then issued an 8K stating they would be compensated $180,000 annually and 10 mil shares issued at their discretion.
The lawsuit demands that Strickler and Johnson be removed "temporarily and permanently" from the board of directors and the court appoint a trustee to oversee TMSH.
If you've got time it a very interesting read. The plaintiffs all have a vested interest in TMSH and I have a feeling we have not seen the end of the company yet. Just my opinion, who knows what will come from the court proceedings.
FEATURED Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • Jun 14, 2024 2:07 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM