share consolidation, page-45

GGP probably wasn't that different. We had the 249D followed by resignation of two Franks. The main difference was the 51% shareholding compared to only 5% with GGP. So the requisitioning group had more clout.

Both GGP and APN both thought the positions were untenable. But GGP had the numbers. APN had no choice but to resign en masse.

Also the requisitioning group seem well enough credentialed to run APN. Were as IG adds strength to existing GGP board. It's not adequate to replace them. GGP sp would tank without adequate replacement imo.

No funding with strings will ever be considered imo. And why would they?