I am not saying i will vote my resolution 1 to remove John. I am...

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terenceyao

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16/04/19

10:21

Post #: 38156739
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Originally posted by kojak78: ↑

Hope you don't do that, things might not be as they seem and you would give them a blank check. A EGM will cost much more than JJ receives.

Are you entitled to get your share of the CN?
When John goes, who will replace him? Will you also have a say in choosing John's replacement?
One director with an agenda of obstruction might be enough to topple everything. Will your CN holdings be worth 4-5x your shareholdings worth? Will they play fair if they represent 80-95% of creditors and you are 1-3% of creditors?

If you oppose remuneration and individual directors, please act in your own interest and contact the company and demand change. Or maybe we should try to get 5% of shares ourselves and request an EGM with the remuneration and director proposals with no strings attached like RAMcaps approach and at the right time.

I would advise you to check RAMcap's background and what happened in the past. It is not so much about removal of a director but placing a straw man onto the board crippling the company. Rest assured after RAMcap have board influence their "helping hand" they seem to offer now will vanish like a mirage.

While I understand your motivation and won't argue against it (while having a different pov myself), please do not ruin everything for us other shareholders.

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I am not saying i will vote my resolution 1 to remove John. I am just interested to cut down remuneration from BOD.

QTE
we should try to get 5% of shares ourselves and request an EGM with the remuneration and director proposals with no strings attached like RAMcaps approach and at the right time.
UNQTE
this sounds good, but someone has to do it.

Basically, i just go with someone that gives me what i want knowing myself is not strong enough to give any vote

TRY Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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