Tend to agree with you. But why is a vote of common shareholders required. Class A shares carry no voting rights. Only class "C" shares have that priviledge and guess who holds 99+% of these shares!!!!! No matter what the common shareholder vote says, it is up to Damadian himself to pick and choose the future course of this failing enterprise. Just shows that while building a better mouse trap is to be commended turning a profit from the invention is not guaranteed and Damadian has not demonstrated any capability to ever do so.
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