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I found my proxy info online. I don't want to sou

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Post# of 302
(Total Views: 419)
Posted On: 05/24/2020 9:25:51 PM
Posted By: ou71764
Re: LocWolf #150
I found my proxy info online. I don't want to sound too defeatist, but it sounds as if they are going increase the outstanding shares no matter what.

They want the annual meeting "adjourned". I don't know what the legal meaning of that is, but it sounds a lot different than "postponed." But the reason given is to make sure they can increase the authorized shares.

So increasing the shares is paramount in their plans. I don't know why they need more shares authorized. Whatever the reason, I doubt that it's going to help the average shareholder.

One only needs to look at the share price to conclude that it isn't looking good.


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