They should divert to 249D.. 21 days has expired, they can call a meeting with 50% of the people who called the 249D. Once scheduled, it could be as simple as a conference call to get the votes across the line and change the board. I'm sure 49% would be for it, and SAM wouldn't attend. Then we move to a cap raising 15% of equity + relist. The cap raising would put SAM under the 50%.
Ann: Purported Notice Received Under Section 249D, page-67
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)