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Microcap & Penny Stocks : MIS International (NASD/BB: MISM) -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (24)11/23/1997 8:54:00 PM
From: Thu Ra Tin  Read Replies (1) | Respond to of 264
 
Posted by Dan Masters MISM CEO on November 23, 1997 at 07:16:40:

In Reply to: MISM posted by SAMMY on November 22, 1997 at 15:10:21:

Sammy, The other Director is Wilfred Shaw. It was Wilfred who convinced me to join MIS last
year.
He is the representative of a venture capital company that had placed a private placement with
MIS when it was a VSE stock under the old management.
He does not play an active role in the administation of the company. We will be adding more
Directors. I have approached one individual who has built a very successful franchise co (he
recently sold) to join our Board. Her is now in retirement.
I feel he would lend credibilty, expertise, and some "grey hair" to our company. He would also
keep me on my toes.He completes his obligations with his old company shortly and will decide
soon. I do not know if he will join our board. I only mention him so you have an idea of the type
of person we will ask to join.
We want a board made up of people who will not just rubber stamp managements suggestions.
Also, one condition of being named a Director will be that they must purchase some stock and
agree to hold it for a certain period of time.
I hope this answers your questions.
Thank You