Edig, Ptsc sister company just came out with their annual report. If you read it you will notice that they have filed against 19 companies and have settled with 9 after only starting the process in the past year on their own. Now I still own stock in both companies and I must admit it has been awhile since I have been to a shm of Edig but still it is nice to know that if you say you have a legal case go after it. Though for those of you who are unaware Edig can afford to file suit as they give away a ton of money to the lawyers on contingency but in a sense that is what we did when we made the deal with our friends at TPL.
Wish there was a way to shake the board up and have them have a virtual board meeting for those from elsewhere at the same time they were having an open board meeting for the many So. Calif shareholders here and for those who in January like to get to warmer climes. Also, for the type of money they are pulling down and with all the up heave-al the company has gone through in the last year (tpl not repaying loan. CM suing tpl, no real action on licensing etc etc) they really do owe us a face to face. Put security guards in front of the table if they are afraid. Nobody here wants to do them physical harm we just want answers and to see their eyes when they give them.
Might I suggest that all shareholders send letters to the board asking for an open and virtual meeting. Renting a room and inviting shareholders to attend would not add that much to the cost of a virtual meeting but it would be the ethical thing to do.
Seriously send those cards and letters. Be firm and be polite. Threats will not help our cause.
God Bless
marc