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19/08/19
11:34
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Originally posted by bridge465:
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A lot of you probably know, if a package of votes equivalent to 5% of the company outstanding stock is rallied together ( can be combination of many shareholders), which is only 106 million shares, you can call an EGM for any reason and dismiss the board, restructure the company and change the colour of the carpet in the office if you want. And VEC has to pay reasonable costs for putting the meeting together . How many shares between all the p***ed off holders here are there? It's the rules. The CEO was in paper giving up on fighting a falsely issued parking ticket and was quoted as saying he doesn't have money to waste on fight something like that, which was reported as being about $10,000. they don't have enough to fight a parking ticket.
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Have you got any ideas for proposed board changes?? No point agitating to sack the current mob if you haven't got a new mob lined up to do a better job. Keep us posted.