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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: I Am John Galt who wrote (45520)4/15/1998 2:51:00 PM
From: Angel D  Read Replies (2) of 55532
 
Matty,

RE: "using some sense". To answer your question, I believe it could be POSSIBLE for the nays to want a shareholders' meeting IF they are, indeed, working against us and IF they thought it would be an ill-timed thing to do, as Pugs has suggested.

Also, my idea of a shareholders' meeting would not be to rent a ballroom in N.Y. and worry about who can be invited, etc. It would seem to me that normally such meetings are held in some proximaty to the corporate headquarters and that one would expect the attendance of the officers and the board of directors, as well as shareholders. Even if this were arranged, Pugs may be correct in that the timing is not right.

What I have espoused is the idea of a "meeting of shareholders" with the officers of the company to gather information and facts, if possible. I think this should be done as quickly as possible, but the shareholders need to decide who should represent them and what exact questions need to be answered. "Where's the money?", for example is not necessarily a valid question, as they don't have control of it. "What contingency plans are you working on?" might be a better question. Just a thought.

I really feel that this is the best first approach to make than have everyone chanting "I want a shareholders' meeting".

Regards,

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