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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Patscara who wrote (18297)1/28/1999 10:23:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Pat,

I will continue to listen to comments concerning sentiment towards Leland Wilson. SI members should send me a personal message indicating if they want to put their shares towards such a movement. They need to provide me with their e-mail, name and number of shares held. Non SI members can e-mail me at vladpm@sprintmail.com.

Let's keep the discussion flowing and I will make a final decision in a few days but of course it looks so far like most everyone wants Wilsons head handed to him.

My "gut" feeling is that the domestic partnering announcement is just around the corner but I don't really think that this matters much now as everyone seems to want Wilson removed regardless of what he may accomplish in the future.

I also need volunteers to help direct and organize this movement.

I will probably start a seperate chat site or web site exclusively directed towards this movement.

I do not have much extra time and will need help.

The following things will need to be done:

1)An attempt to contact individuals who are controlling institutional accounts to see if they would put their votes towards such a movement. They may even have some good candidates for board members.

2)An EXACT understanding of the corporation bylaws regarding a move to have the share holders decide who the new board members will be.
To get rid of Wilson will require at least 4 out of the 7 available votes. Remember that the annual meeting doesn't take place for another 3 months. We also will need to have a new CEO lined up who has experience in this type of business.

3)Those who decide to be seriously involved in organizing such a movement will be hooked up to me via the ICQ network.

Keep the comments/sentiment flowing for the next 2 days. I think we are going up tomorrow as far as share price is concerned but to me 5 or 6 bucks a share still sucks. I won't get excited until the stock gets back up to double digits.