Re: shm
in response to
by
posted on
Feb 01, 2010 11:35AM
reading all the statements reg. the shm I´ll think everybody is crying and whining over the BoD and wish them to the devil.
Is anybody here, who is able to present people who are willing and also be able to fullfill these job´s ? I didn´t believe so !!
Why we are not able to make one step behind the other ?
First of all I (!) believe we have to proof our own position, which means for me, that I/we have to know how many shares the shareholder here in usa and abroad (say german for example) holding. when I mean holding, I mean strong hands - not traders or people who handle the share today and yesterday.
I believe that a lot of guys with a lot of shares hold them since years, and reading the last postings, will hold their shares at least for the next 120 /150 days.
why it´s not possible , during this time , one of you guys counting the shares which will hold by strong hands, including - there will be , I´m sure, a connection to stan caplan as well - the guys who are attending the shm and not posting here.
If i see that there are more or less 10% of the shares are in chicago, i believe there will be a possibility to convened an extraordinary general meeting where we all will be able to make solutions where the BoD has to follow, b.c. we are the owner of the company.
In this case it´s not necessary to send them to devil.
Why we doesn´t make it simple ???
By the same time we are installing a list of points which will be voted by a majority of the shareholder and that list will be presented as a voting catalog to this extraordinary general meeting.
one of the main points is to install a new IR / PR department with a really good and professional guy (at least I think everybody here will agree to this point).
In case traders will presenting their shares for counting, well, at least we put down the counting by 1% as a security discount.
By the way : this meeting has to be held at the location of the company, not in alaska !
Only for your information : here in german we have counted (during the last two weeks) the shares of aproxx. 35 shareholders with an amount of aproxx. 6, 5 million shares. I still believe that there are a lot more shares outstanding.
Think about this.
Furthermore in German there will be 5% of the share-capital necessary to install a extraordinary general meeting. I didn´t know the rules which you have in the usa, esp. in California. I´m sure there are guys knowing how this will works.
This will only be one of the possible solutions, which in my mind is at the moment the easiest way to bring the company on a real , and in our favour, good way.
In case of throwing them (the BoD) to devil, we will have new guys which has to be hired (without knowing of the past of the company - at least a time-needed job), otherwise we have pay the old BoD for resign their jobs.
Think about the cash we have and for what this cash will need the common month (perhaps we have to "sponsor" TPL a little bit more, etc.).
That´s my five-cent, opinions are welcome
elsolivars