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munhoi

05/18/17 1:04 PM

#24300 RE: Hummingbird2 #24298

Stephen Chu the largest shareholder has proposed some of those options to the BOD ie lease ships, build up value thru rev & earnings first, get better financing deals after that , avoid toxic financiers, then when value is build up thru higher PPS then do secondary offerings to supplement bank financings etc.

he proposed a lot of shareholder sponsored resolutions to the BOD
but management is the BOD and they control all decisions at the moment