Some shareholders did express some of those concer
Post# of 30067
Posted On: 10/15/2014 4:05:10 PM
Re: Daveludlow #8816
Some shareholders did express some of those concerns to management. But the time to conduct an increase in AS is during the annual shareholder vote. Gerald laid out specific reasons for the increase, and the subsequent vote indicated 90.9% of the voting shareholders approved the increase. Perhaps those other 9.1% have been unloading their shares since the vote.
No, your concerns weren't thought to be excessive. What was excessive was the number of times per day you posted about it, regardless of whether others agreed with you or not. Kinda makes one wish we had a 15 post/day limit here like on the other board.
I can see the scenario where we reach the point of uplisting, and the company postpones it until they can get a proxy filing out, wait the appropriate month, and then wait for shareholders to approve the AS increase. Would that be the proper time to do the vote, delaying the uplist and needlessly spending money for another vote that could have easily been conducted at the SHM as it was done? I'm sure if that was the case, there would be complaints here the company should have had this already done.
No, your concerns weren't thought to be excessive. What was excessive was the number of times per day you posted about it, regardless of whether others agreed with you or not. Kinda makes one wish we had a 15 post/day limit here like on the other board.
I can see the scenario where we reach the point of uplisting, and the company postpones it until they can get a proxy filing out, wait the appropriate month, and then wait for shareholders to approve the AS increase. Would that be the proper time to do the vote, delaying the uplist and needlessly spending money for another vote that could have easily been conducted at the SHM as it was done? I'm sure if that was the case, there would be complaints here the company should have had this already done.
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