ScanmanWe have to wait for the EGM date to be confirmed, attend...

Scanman

We have to wait for the EGM date to be confirmed, attend and/or proxy vote to record your preference.


23 November 2012

The Board is considering its response and will advise shareholders of its position within the next 3 weeks. If required, a general meeting will be held by 21 January 2013.

My understanding is that the Board have nothing to consider as >5% of the shareholders have asked for an EGM and the Board are obligated to hold an EGM and put the resolution to a vote.

3 weeks expires this Friday so the confirmation of an EGM is imminent, my understanding is that this is one deadline that is etched in stone, covered by ASIC regulations and corporate law and one that QMN can not allow to drift (like many others have in the past).

I personally feel so strongly about the situation that I recently purchased more QMN on market to entitle me to a higher RI and I will be taking up the RI and then using all the votes to vote for changes.

Newbie Thomas