Ok, as you all know, the FAS shareprice has collapsed as of late, and Kevin is still being paid his $400,000 p.a. wage. We need answers so this thread is for all discussion on organising the EGM.
For an EGM we need either 100 shareholders to sign OR 5% of shareholders to agree to an EGM.
In the coming days and possibly a fortnight there will be a website established which will gather the required information from holders who want to join in on this EGM.
Some appropriate questions currently to be posed in the official statement at this point:
How can the board justify their wages with the inherent decline of the shareprice?
Who are the directors of Gurney Capital?
Can the board provide an itemised list of costs?
What has the board been doing in the past financial year to advance the interests of Fairstar Resources and it's shareholders?
What does the board plan to do to keep Fairstar Resources trading in a state of solvency?
Any other questions/queries or advice can be posted on this thread and would be appreciated.
Thanks
Ok, as you all know, the FAS shareprice has collapsed as of...
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