1)the immediate resignation of Neil Miller and the complete removal of Hayton from any sort of decision making policies.
2)the immediate release of the financials
3)The removal of the IR firm as acting firm
Hear, Hear, Matty Gregg. Spoken like the true leader that you are.
These demands are not only fair for stockholders, but critical to the very existence of NETZ. Now how do we put some teeth into these demands? FWIW: Here are some free asscociated thoughts on what might be done:
>Make a formal demand to ZULU-Tek on behalf of a large portion of shareholders [be sure lawyer gives once over].
>Make it clear that ZULU has X number of days to meet these demands or certain "class" action will be taken and/or formal SEC complaints by all disgusted shareholders.
>Talk with SEC about where they are in investigating this and what can still be done, if anything to salvage the makings of a great company with, perhaps Burgess or new blood at the helm. [Meatchum came with Heyton and Miller].
>Open communication with someone from Softbank Holdings that has a bigger stake in this than anyone in the future of ZULU.
>Does Softbank Holdings, Japan even know this is going on? Without it hitting Dow Jones News, would they even have reason to read WIRED or monitor SI?
>Don't wait until it is too late and SEC steps in for a halt. Take action. While shareholders are part owners of NETZ they have some clout. After a halt, only SEC matters.
>Talk with district attorneys in the state of Utah, Rhode Island and California, regarding immediate freezing of any and all funds and transactions of the executives of ZULU pending a formal investigation. This would be the first order of business in my opinion. As I understand it, any good lawyer can have this done. They will not be able to spend one dime until resolved.
> Don't wait for stock price to dwindle [ryhmes with swindle] down to nothing before acting. This is where others fail. Nothing from nothing leaves nothing.
>Act swiftly and decisively to maintain offensive advantage.
>There are certainly more than enough issues raised to warrant these courses of action by stockholders. I am sure that the DA, SEC and state securities boards will be more than happy to cooperate.
Personally, I am sick and disgusted over the news. But ousting the offenders may leave "us" with the gem we all knew we had. It will certainly be a longer slower road, but the rewards may be more than worth the trouble.
Best wishes to all.
Rande Is
~~NOTE: I no longer am a shareholder in NETZ and am not recommending anyone to buy or sell any stock. |
