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Sprycel

12/01/11 11:52 AM

#2454 RE: seachops #2453

Not near enough to establish a special shareholders meeting, get the proxy's approved to print, print the proxies, mail the proxies, get the proxies back, count the proxies etc etc etc. There are specific rules of the Reg FD notifications for all of these processes. 60 days is NOT near enough!

Sprycel

12/01/11 12:02 PM

#2455 RE: seachops #2453

FYI here is a very important link you will need to properly answer the question. As you can see it requires at least 30 days just to set the shareholders meeting and to provide notification for a proxy vote.

http://usequities.nyx.com/amex-equities-regulation/listed-company-compliance/reporting-requirements