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Microcap & Penny Stocks : Ad-HaTTeRs!!! The spin-off you've been waiting for!!! -- Ignore unavailable to you. Want to Upgrade?

To: Gary Jacobs who wrote (116)	3/27/2000 5:40:00 AM
From: Steven Durrington	Read Replies (3) \| Respond to of 164

There's a "Demand Shareholders' Meeting" letter posted on David Isaac's Adhatters/Envirotech site. My question is, are the boards of the companies compelled to act on the demand of one shareholder ? What's the law in the USA regarding this? Do a minimum number of shareholders have to agree to this, or in David's case, can one shareholder with control over a substantial number of proxies demand the compliance of the board ? What are David's chances of success here and what are the implications of being his petition being dismissed ? Durro