More Info...DELEWARE I think is the place....Tina is chatty...
To be honest, I think most of the longs would welcome a HALT to the stock, until these matters are rectified. This should have been done last summer with the vote.....
You are now chatting with 'Jefre'
Jefre: Hi bf
bf: hi
bf: did you get my question?
Jefre: Tina is away from her desk, but I can transfer you to another Division of Corporation operator who can help.
Please wait while I transfer this chat to the best suited site operator.
You are now chatting with 'Pearlina' with the Delaware Division of Corporations Information Center.
Pearlina: Hi bf, let me see where Tina is....
bf: ok
Pearlina: bf, please hold for the transfer, thank you.....
Please wait while I transfer the chat to 'Tina'.
You are now chatting with 'Tina' with the Delaware Division of Corporations Information Center.
Tina: hello
bf: hi
bf: another question
bf: on the ademendents
Tina: ok
Tina: You are going to have to request copies of these documents to view this information.
bf: does it say anything on the documents about getting shareholder approval before these are to take place?
Tina: I am sorry...we can not view these docs. you would need to request copies of the docs
bf: ok. no other way?
Tina: That is correct........there is no other way.
bf: If he has done this without our approval, than this is an illegal transaction
Tina: We are an administrative office only and do not police the filing
bf: who can I contact about this?
Tina: You would have to seek legal council after you get the docs if there is something in question about its legalality.
bf: In deleware?
Tina: A Delaware Corporate Attorney or Accountant.
Tina: Yes since it pertains to delaware laws
bf: last question
Tina: ok
bf: if it is illegal, can this be reversed?
Tina: A certificate of correction or amendment can be filed.
bf: tina, when was this supposed to take place? Can you say?
Tina: When was what suposed to take place?
bf: the AS increase & the RS
Tina: one moment
bf: thanks Tina, I appreciate your time
Tina: The last amendment was filed 10/05/09
bf: that was for the A/S..is that the effective date?
Tina: 10/05/09
bf: What about the R/S effective date?
Tina: 09/21/09
Tina: These were the same dates we talked about earlier
bf: ok, thank you. again thanks for your time. Have a good weekend.
Tina: You are welcome.
Tina: You have a great weekend also.
Tina: Is there anything else I can assist you with today?
bf: I think I am good. My fear is the CEO did this without any shareholder consent. I never received anything to vote or was ask about an A/S or R/S. My understanding of the laws in Deleware is he needs our consent. No shareholder that I know gave any consent to these admendments
bf: so you can see where i am coming from...
bf: you still here?
Tina: yes
Tina: one moment
Tina: I see what you are saying.
Tina: you may have to seek legal council
bf: & remember in our previous chat. I had mentione that we voted him out this summer with a majority of votes & he never respected the vote of the shareholders....
bf: I will see what other shareholders want to do & options
Tina: yes i remember
Tina: ok
bf: thanks Tina, you have been very helpful!
Tina: you welcome
bf: again, have a GREAT weeknd!
Tina: You also
Tina: Thank you for contacting us online
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