Nowhere in the bylaws does KBLB specify the place where the Annual Shareholders Meeting will be held.
For Thompson to serve as the Chairman of the Board, he must be elected to that position annually. Shareholders can vote. If they can’t attend the meeting, they have a right to a proxy vote for them. The “manner of communication” explains about proxy voting and the nomination(s) from the current BoD (i.e., Thompson).
You are, quite simply, wrong about this.