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Technology Stocks : XO Holdings, Inc. (XOHO - XO Communications)

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From: tech1017/13/2009 3:21:02 PM
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Ad Hoc XO Minority Shareholders Committee (Mostly individual investors)

investorvillage.com

Ad Hoc XO Minority Shareholders Committee

Thanks for all the responses.

So far we have close to 9.3 million shares (my family owns a little over 1 million). I really thing we will reach the 50% plus one needed to block the sale.
A new website (www.XOShareholdersCommittee) should be coming online probably tomorrow. It help to coordinate the Ad Hoc XO Minority Shareholders Committee. The goal of the Committee is to provide a voice to minority shareholders.

Some of you will be asked to join the Board of Directors of the Committee (this will be based on the size of your XO common holdings and other considerations). I am working on the bylaws of the Committee but in general it will be modeled after ad hoc creditor committees typically found in bankruptcy courts.

Thanks again.

PS. For those of you who want to be part of the Ad Hoc XO Minority Shareholders Committee tally please send me an email with the number of common shares you own (no personal information needed)
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