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Re: janice shell post# 363

Wednesday, 06/19/2013 5:22:47 PM

Wednesday, June 19, 2013 5:22:47 PM

Post# of 414
Majority holder? They are the controlling shareholder, by any standard measure. It is up to them to appoint a board and officers if the old ones resigned.

Perhaps we need to study the bylaws and legal issues. Probably better to just call in the Lawyers?

I am of the understanding that even "Major Holders" are "deemed" to be affiliates of the company if their holdings exceed 10%.