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Pastimes : Investment Chat Board Lawsuits

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To: betone who wrote (1275)3/24/2001 10:40:35 AM
From: Mr. Jens Tingleff  Read Replies (1) of 12465
 
On this issue the rules are that written consent is sufficient to increase and issue stock. Written consent easily obtained - without digging into this case, I'd say that TK and the others themselves probably are a parts of those giving the consent. (Convertible preferred voting rights ?) - That may also be the reason for the company directors to obtain more shares, or they would have no more control.

Look 1-2 years back at LONE threads - You will find the (alleged) modus operandi of them in the RICO case that was raised against them.

Haven't seen any company coming out of clinch with TK alive - Not saying that there aren't any - I just did not see them.

Kr
Jens
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