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Microcap & Penny Stocks : HDST Headstrong Group Inc
HDST 0.00Dec 20 4:00 PM EST

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To: TraderGreg who wrote (297)6/17/1998 11:37:00 PM
From: FARRIS  Read Replies (1) of 389
 
A BOD does not need anything to vote a reverse through -- they could do it today and we would have no recourse even if they owned zero shares.
The proxy I was referring to would remove the BOD and replace them with a shareholder friendly slate.
The operation in China did not end up with a majority of the shares -- but I believe, initially, they were the largest shareholder. (I believe they distributed stock to the principals and employees of the operation - many of whom still work for the new company.
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