Replies to post #40183 on NorthWest Biotherapeutics Inc (NWBO)

[TZOR]

Alright koman,

To provide clarity to your confusion under the Revised Model Business Corporation Act of 1984 a shareholder has inspection rights.

Under the RMBCA, shareholders and their agents have a fundamental right to inspect books and records that may not be limited by the articles or bylaws. Inspection must be at a corporation's principal office during regular business hours. The shareholders must give 5 business days' written notice that states the purpose of the demand and the records to be inspected.

Inspection must be in good faith and for a proper purpose, involving, for example, corporate financial condition, the propriety of dividends, mismanagement of the corp, the names and addresses of other shareholders, election of directors, a shareholder suit.

An improper purpose is one that does not relate to the shareholder's interest in the corp. Improper purposes include, harassment of management, discovery of trade secrets, gaining a competitive advantage, development of a mailing list for sale or similar use.


I bet you didn't know that koman. Maybe you should stop following pyr's every word. Who knows you may even make some money.