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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: current trend who wrote (1965)9/11/1998 7:51:00 PM
From: Anthony@Pacific  Respond to of 3458
 
So fellow shareholders what did we think of the shareholder meeting?



To: current trend who wrote (1965)9/11/1998 10:00:00 PM
From: Papillon  Read Replies (2) | Respond to of 3458
 
Thanks for the info re: CA Prop 7; please keep us informed.

Interesting AGM report from the Yahoo thread:

"I was there. No new or shocking info.
I had a chance to speak or listen to all the players in the meeting and one on one. My OPINIONS follow:
Walter Ware: A very nice guy who is knowledgeable and has good contacts in the industry. Very open and easy to talk to. He does not have answers to the tough questions and defers to others in this regard. A leader with connections not vision.
Ed Halimi: A warm and sincere guy. An inventor who found a product and didn't know what to do with it and found a financier (Nowek). Loves the company and thinks it's his baby (not in a bad way). A likable guy.
Leon Nowek: A financier, a salesman, a promoter. States that this company is his life. Not offensive, abrasive, or sleezy to me. Did not appear greasy or slimy but sincerely interested in the company. Was not "selling" during our conversation.
Prof. Peter Hofbauer: Incredibly intelligent and articulate guy who made an awesome presentation regarding the performance and benefits of Turbopac and Dynacharger.

I will report more specifics later on company business.

In conclusion (mine): this company is not a fraud and neither are the people involved. This does not mean the business will succeed and make a fortune...but it is my opinion that this is not a stock promotion scheme, but a young company with a good product struggling to make it happen. "




To: current trend who wrote (1965)9/14/1998 10:36:00 AM
From: current trend  Read Replies (2) | Respond to of 3458
 
Board Approves Legal Action Against Asensio & Company

WOODLAND HILLS, Calif., Sept. 14 /PRNewswire/ -- Turbodyne Technologies Inc. (Nasdaq: TRBD; Easdaq), (''the Company''), reported today that both directors up for re-election, and the Company's 1998 Stock Incentive Plan, were approved by shareholders at the Company's annual meeting on Friday, September 11, 1998.

Re-elected to Turbodyne's board of directors were Walter F. Ware, 55, Turbodyne's President & CEO and Robert Taylor, 58, former director and president of Shell Canada Products. Mr. Taylor retired from Shell in 1996. Both Mr. Ware and Mr. Taylor were re-elected to serve a three-year term.

During the meeting, Turbodyne's chief litigation counsel announced, ''The board of directors has instructed us to proceed vigorously with legal action against Asensio & Company and other parties that have disseminated and published false and misleading information about Turbodyne. Legal action will be filed in the United States under the provisions of applicable laws, as well as in Germany through Turbodyne's counsel in Frankfurt, on behalf of the corporation and stockholders as applicable.'' Further details about these actions will be announced, as they become available.