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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: John Morrison who wrote (6396)7/24/2006 6:37:18 PM
From: John J. O`Reilly  Read Replies (1) of 6445
 
John,

Did you get the mail for stockholders from EBOF?
I got mine today. They are going to up the number of shares without our consent. The co got 62% of the shares held by some stockholders to request in writing that they approved of increasing the number of shares and this leaves us out. No proxy for us. This may send the stock price down. They show the number of shares held by each member of the board. Wille has over 6 million. This may help the co with finances
but short term the stock may take a nose dive. I am still holding for now but a drop below 3 and I may bail out with at least half. What do you think about it ?

johnnyo
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