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Gold/Mining/Energy : American International Petroleum Corp
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To: Razorbak who wrote (10304)5/24/1999 11:17:00 PM
From: Ray  Read Replies (1) of 11888
 
Razorbak, thanks for the clear and thorough commentary on the proposals for the upcoming SH meeting. A solid contribution, and one that I needed. Your thoughts are cogent and very interesting. I regret to say I had not yet read about the consequences on operating capital if proposals 4 and 5 fail.

Ordinarily, I would expect such proposals, all of them, to pass; but the organized movement to contest some (most?) of management's decisions clouds the picture. There will no doubt be much serious discussion about these proposals, now that the knee-jerk sniping has largely subsided, and I will make my voting decisions after I hear more.
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