Filing a suit gains access of all corporate records by subpeona. THEN if our discovery finds evidence of mismanagement or wrongdoing we can proceed to either:
negotiate to add, remove or replace some or all of current board members
or, we can THEN file suit to accomplish the same if UTOG fails to negoiate.
It is obvious that UTOG is not going to keep us informed of what is going on now or in the future.
Patrick missed the 5/1 deadline for additional info requested. I am guessing he is working elsewhere to support himself, as I suspect the others are doing the same, since their Euro partner has been handling the production issues.
It appears from the deafening silence from the rest of the posters that no one else wants to put up some cash to move this forward, and since I am not going to pursue this alone this will be my last post to the group.
I guess I will sit on my hands like the rest of the stockholders.
