InvestorsHub Logo
icon url

Basser1

06/16/10 7:53 PM

#73402 RE: Jeremiah #73391

Quote:
--------------------------------------------------------------------------------
1.3 Special Meetings.
Special meetings of the shareholders may be called at any time by the President, the Board of Directors, by the
holders of not less than one-tenth (1/10th) of all the shares entitled to vote at such meeting, and as otherwise
provided in the Nevada Business Corporation Act, as amended (the "Act").

I don't see any wording here that states that the President or the board of directors must be 10% shareholders. What I do see is that a regular shareholder with 10% of the company is entitled to call for a shareholder meeting at any time. This can be a group of shareholders as opposed to just an individual as long as their aggregate totals 10%.

JMHO

Basser