Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Cliff Daniel who wrote (3965)	6/27/1998 2:32:00 PM
From: wonk	Read Replies (1) \| Respond to of 11684

Cliff: ...What's the point by stating JC owns a lot of MTEI stock? He doesn't represent controlling interest... Actually, that is a presumption on your part. To the best of my knowledge, the company has not released a list of the major shareholders and their ownership position. Nevada corporate law does not require this disclosure. I've been through all the SMRY-LUMA-RICI-ICVI threads and have not seen a single message about company notification of items normally requiring shareholder votes. Management controls the company, the Board controls management and the shareholders control the Board. Considering that MTEI now controls the former ICVI, I am curious what the Company Bylaws and Articles of Incorporation say about the requirement or lack thereof for shareholder votes for election to the Board of Directors. Mr. Uselton was recently elected Chairman. Anybody get a proxy? ww