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realest

09/13/07 1:34 PM

#8234 RE: laughingotter0 #8231

I disagree with this laugh. If raising the A/S is what they want to do, we'll be doubtful to stop them. All they need is 1 preferred share that has super duper voting rights no matter the O/S and they get what they want all day every day. Asking us would be a formality only, in reality it's more of a courtesy call. Revlon for example had us re-elect the board etc. Didn't matter that Ron P has majority vote. So why ask us??? Simply courtesy and formality. Make us feel nice and cozy.