Wednesday, May 29, 2013 5:41:34 PM
1. What are the QUALIFICATIONS OF "A HIGH QUALITY INDEPENDENT BOD". It is my understanding an Independent BOD cannot be invested in the company. IF THAT IS THE CASE HOW DO THE TWO (CURRENT BOD MEMBERS) MEET THE QUALIFICATIONS.
2. Is it possible to seat an ACTING BOD either as the action of the SEC or Court Action (as a result of their approval of the filing). There appear to be a number of individuals in the NF's area that could accept the challenge. However, the meaning of Independent BOD needs clarification.
3. The WHALES were instrumental in the removal of John as CEO and moving him into the role more suitable for his talents. Perhaps they can come together again to assist with the current management situation.
4. The company has used CC's in the past. Is this a method to include all stock holders that wish to participate if a proxy fight is needed. Is it possible to have this setup by IR. Seems like Christine handled the mechanics.
These are just some of my thoughts and would like to see what options are available. I have posted several times the current management is unacceptable due to their lack of accountabilty.
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