Posted On: 06/26/2014 2:39:27 PM
Post# of 83
from the extensive filing noted by Lmcat:
"The Company’s Board of Directors recommended that its shareholders approve the Amendments and on June 23, 2014, GO, as the majority shareholder of the Company, executed a shareholder consent approving the Amendments."
Danny, after his bad experience with IENT, is not taking any chances -besides his controlling offices he's majority shareholder, so the things requiring shareholder approval noted in the May 9 PR can or have been approved by the principals as I figured -
because shareholder meetings are usually rubber stamps anyway-unless hostile takeover and I've personally experienced such re a corp I had been Pres etc of many years earlier-the takeover coming many years after I retired from such but had rejoined the board - and with his various control positions and majority stock there can be no hostile takeovers -so the ship is organized in an efficient non confrontational way IENT never was
"The Company’s Board of Directors recommended that its shareholders approve the Amendments and on June 23, 2014, GO, as the majority shareholder of the Company, executed a shareholder consent approving the Amendments."
Danny, after his bad experience with IENT, is not taking any chances -besides his controlling offices he's majority shareholder, so the things requiring shareholder approval noted in the May 9 PR can or have been approved by the principals as I figured -
because shareholder meetings are usually rubber stamps anyway-unless hostile takeover and I've personally experienced such re a corp I had been Pres etc of many years earlier-the takeover coming many years after I retired from such but had rejoined the board - and with his various control positions and majority stock there can be no hostile takeovers -so the ship is organized in an efficient non confrontational way IENT never was
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