I'm considering this stock. I have 3 questions however,
1) Is this a Canadian or U.S. Incorporated concern?
2) Why did Both Ron and Jason Struthers resign?
3) Since the controlling interest of Struthers, Inc. now rest with the majority of shareholders must decisions be based upon
shareholder meetings/votes? It's hard to believe that the Struthers
Brothers wouldn't want a voice; was there some other agreement
or litigation requiring them to relinquish their Board positions under the new restructuring agreement?
CHARLESTON, South Carolina - - (US Operations) - - Dec. 2, 1998 - - The company is pleased to announce the formation of a new dynamic Board of Directors, Officers and supporting Council.
Both Ron and Jason Struthers have relinquished their Board positions and under the new restructuring agreement no longer hold a controlling interest in the Company. The controlling interest of Struthers, Inc. now rests with the majority of shareholders.
Struthers, Inc., (OTC Bulletin Board: STRU), is pleased to announce that
on August 17, 1998, a media conference has been scheduled at the Hilton Hotel
in Toronto, Canada.
With a long history in the swine industry and over four years of
coordinated research with the University of Guelph, located in Guelph,
Ontario, Canada, STRUTHERS, Inc. wishes to take this opportunity to convey the
latest developments regarding its progress towards Embryo Transfer Technology
and the significant impact this procedure will have on the agricultural and
human sectors of medicine.
For further information or a formal invitation to the media conference
please contact the company at 1-800-760-0664 or 519-822-0680.
SOURCE Struthers, Inc.
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