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jackcross18

12/07/16 10:00 AM

#42625 RE: never-say-die #42621

Ed's gonna get paid either way. That's the problem with having having one person acting in both the CEO and Chairman position.

Didn't Ed already commit the new shares via the warrants issued in the November 2016 funding commitment issued to the South Americans. Wonder what legal ramifications would be if the share authorization was voted down.

In any event, the easiest way for a new management team would be to change the composition of the board. Shareholders have that opportunity at the December meeting. It will be interesting if they follow through.

futurist7

12/07/16 12:09 PM

#42628 RE: never-say-die #42621

Thanks for your response and opinion.
Most every one agrees that the current team has to change, even radically. And this to satisfy the needs of all: the need for good communication and openness, the need for clear company vision (instead of changing directions like a weathervane), the need for action rather than slow motion, the need for a team where all members have solid science awareness, and others…
The problem with granting stock resides behind the scene. Investors can’t make a logical choice without knowing facts: What are the current company transactions going on currently that need financing to bring them to completion, if any?

Our wish of course is for a vote after the meeting, not before, when cards can be put on the table, and when shareholders present could report back to us all.