That's a good site happa, I have the Yemen Times bookmarked.
AIGI News Today!
ADAIR INTERNATIONAL OIL & GAS, INC. (AIGI) Concludes Annual Meeting Of Shareholders
HOUSTON, Feb. 29 /PRNewswire/ -- Mr. Raymond Torres of ChaseMellon Shareholder Services acted as tabulator for the annual meeting of ADAIR INTERNATIONAL OIL & GAS, INC. (OTC Bulletin Board: AIGI - news; AIGI) that was held at the CHASE CENTER AUDITORIUM, located at 601 Travis, Houston, Texas and certified the following:
1. As of the close of business on January 2, 2000, the record date for
the determination of stockholders to vote at the meeting, the total
number of shares of common stock of the Company issued, outstanding
and entitled to vote at the meeting was: 50,938,038.
2. Each of the outstanding shares of Common Stock was entitled to one
vote on each matter to come before the meeting.
3. At such meeting, the holders of 28,032,672 shares of ADAIR
International Oil & Gas, Inc. Common Stock, or 55.03% of those
entitled to vote at the meeting, were present in person or by proxy,
such percentage constituting a quorum.
4. The votes of stockholders by ballot or proxy of said meeting were
received, inspected and tabulated. All votes received from ADP, via
direct transmission, are considered reliable, since such votes were
transmitted over a dedicated line to which no other party had access.
I. PROPOSAL ONE: To elect as directors of the ADAIR International Oil &
Gas, Inc. nominees for a one year term or until their successors are
elected and shall qualify:
Name Shares Voted For Votes Withheld
John W. Adair 27,634,210 398,462
Earl K. Roberts 27,879,610 153,062
Jalal Alghani 27,879,678 152,994
In addition, immediately following the shareholders meeting Mr. Jalal Alghani, Vice-Chairman and Mr. Richard G. Boyce, President of ADAIR Exploration and their strategic partners left for Yemen in order to conclude the PRODUCTION SHARING AGREEMENT (PSA) for exploration Block 20, Republic of Yemen.
Also, due to unforeseen scheduling problems, the first national airdate of ``BUSINESS WORLD NEWS' Millennial Special did not air on CNBC, February 27 at 1:30 p.m. EST during its sponsored programming block, as originally planned. A new airdate (most likely Sunday, March 5) will be announced as soon as confirmation from CNBC is received, according to Mr. John W. Adair, Chairman.
The program will feature ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) as the leading story along with Worldfree Corporation, Diamond Resorts International, and Amdahl Corporation.
The program will be rebroadcasted in major metropolitan areas during the hours of 5:30 p.m. to 9:00 p.m. for a six month period. Schedules will be posted at www.businessworldnews.com.
This news release contains forward looking statements within the meaning of Securities Litigation Reform Act that involves risk and uncertainties, including exploration, development, operational, marketing, and implementation risks, other facts described from time to time in the company's public available SEC reports which could cause results to differ materiality.
SOURCE: ADAIR INTERNATIONAL OIL & GAS, INC.
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