The problem is that the 30% that vote are usually affiliated with the company and thats why 90% of all resolutions get passed.
PNO now has 100mil CPS 'friendly' shares.
Doing it the proper way. Getting a copy of the share register with contact details costs about $250 is the way to go.
If you are not part of any shareforum and the first you know of the PNO meeting group is "Resolution 6 : Appointment of Director", then how likely is it to succeed?
Look at NDO and poster P1000. His statement was even changed to drop his offer to work for free. So you cant even rely on that part of the resolution to work for you.
Recieving voting forms is not personal and wouldnt inspire me to vote. Recieving a letter stating what we are about might change that.
Also voting form will only have resolutions on it and JP will recommend which way to vote and also which way the proxies will go.
Again look at NDO. REcommend for their guy and against P1000.
Their will be no way of knowing which way the PNO meeting group wants you to vote FOR or AGAINST any resolution other than the obvious one of getting someone on board.
A letter can address who the PNO meeting group is, what it stands for, and a future direction for PNO. Along with which resolutions are supported or not.
The WHO is important in that it is a group of many and also specifically get to know our candidate for board election.
The WHAT is our chance to explain what has happened in the past that should have been done differently and HOW we would address that in future.
It will take a long time for PNO to dig themselves out of this hole and repay all the debt. With all these CR we could atleast be debt free but they also like issuing con-notes. Its unsustainable.
Add to My Watchlist
What is My Watchlist?