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croesusjr

07/12/07 4:49 PM

#29188 RE: jacobboaz #29170

jacobboaz,
Interesting paragraph there. It sure seems (in this limited context, at least) to say that a special meeting should have been called and an A/S increase proposed many months ago.

"If at any time the Company does not have a sufficient number of Conversion Shares authorized and available, then the Company shall call and hold a special meeting of its stockholders within sixty (60) days of that time for the sole purpose of increasing the number of authorized shares of Common Stock."