posted on
Mar 06, 2012 09:54AM
Welcome to the Cardiogenics Holdings Discussion Forum
Paramagnetic Beads and QL Analyser are Proprietary Products
Message: the Company dismissed J.H. Cohn LLP
Dog,
Thanks for posting the link; and, yes IMO this is good news as CGNH has avoided the costs and loss of management time to conduct/support an Annual Shareholders Meeting.
Good corporate housekeeping being practiced, please note the company paid no fee to the SEC and incurred minimal costs while accomplishing three important milestones:
- Board of Directors elected for another term of service
- Appointment of KPMG approved by the Board
- Authorized Common Shares increased, thus providing a necessary and adequate "cushion" of shares to enable the Board to provide for future funding needs, as appropriate, and to provide an effective means to counter undesired change of control efforts by unwanted third parties.
I also note that the Class B shares that you held were deauthorized, as you have no financial interest in CGNH, will you
- continue to post? or
- will you now move on to other boards for stocks in which you are invested? or
- are contemplating to invest in CGNH?
I am hopeful this filing is a signal that the head-to-head study is finally underway and CGNH anticipates announcing positive results in the near future.
Ante
2 Recommendations
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