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TAKEN FROM YAHOO BOARD ..
Stock holders meeting ..
by: Ynnosh 30967 of 31104
lasted about two hours and was extremely positive.
Formally, there were three items covered: Election of two directors, the
issuing of 100,000 additional shares (fully exercisable) and the
election of Arthur Andersen as accountants. Period.
Informally, much discourse in general covering several of the topics of
concern that have been voiced already on this thread and addressed
eruditiously by our more capable contributors such as .. August, mocket,
wroc, tfdw, albybxny, etc. etc.
However, my take on the meeting was one of total encouragement. I walked
out of there with a sense that this stock alone (within my portfolio)
was going to reward me soon. In fact, purchased another 2600 shares
today after leaving the meeting because the two concerns I had with
(omkt) going into the meeting were already being focused on by Gary.
They were the need of a more vibrant PR program (which apparently is
being worked on now with a PR firm) and the need for growth in revenue
(whereupon he mentioned several deals in the works, some inked, but
unannounced and merchant list growing). He sounded very positive to me
and much determined to reach profitability within the year. Also claimed
that practically every employee working for (OMKT) was a share holder a
nd working very hard to help make the company achieve this end.
This guy is doing one hell of a job and is well respected and recognized
within the industry.
That's about it .. don't want to give these mindless adolescent shorts
to much info .. They'll be humming all night. Still don't know why you
people respond to them. Peace.
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