I know I will probably get blasted for even making a proposal such as what I am about to make. My question is this, "is there a time when stockholders need to be proactive in trying to move the management of a company to be more transparent in communicating with their stock holders". I really don't know what rights we have, if any. We have heard for months statements from those supposedly in touch with managment, and from Les Price, that this could happen anytime, it's immiment, etc, etc. Since it is apparent that the problem does not lie with our management but with the JV partners, I think we need to be proactive, if it's even possible. I will confess I am not knowledgeable enough about these things, but I'm sure there are some who read this board that are. No one can say for certain how this will play out, but since the problems seems to be with the JV partners, we need to petition them through legal representation to set aside the NDA and come clean as to what is holding up the funding.
What I would like to know if it's possible for a coalition of stock holders to get together and engage legal counsel to petition management to request that the JV partner set aside the NDA and come forth with honest answers as to the problems they are having getting their funding to our company. So, go ahead and take you best shot because I am tired of this endless waiting and feeling helpless to do anything except wait on mangement to give us the same ole' pundits over and over. Since JJ gave the JV partners an extension, this could go on indefinitely, which by the way is what seems to be the "history" of Medinah. Are we destined to just sit on our hands and do nothing? Do we want another lesson in "history".
The koolaid doesn't work for me any longer no matter what flavor is offered.
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