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LJ International, Inc. Message Board

  • revthomashall revthomashall Jun 8, 2013 11:06 AM Flag

    received proxy, interesting wording on #3

    As I understand this, if they do not get enough proxies to pass the motion, the meeting is adjourned so that they can get the additional proxies in order to pass the buy out.
    The three questions : vote no. Here is the wording of the third
    THAT THE CHAIRMAN OF THE EXTRAORDINARY GENERAL MEETING BE INSTRUCTED TO ADJOURN OR POSTPONE THE EXTRAORDINARY GENERAL MEETING IN ORDER TO ALLOW THE COMPANY TO SOLICIT ADDITIONAL PROXIES IN THE EVENT THAT THERE ARE INSUFFICIENT PROXIES RECEIVED AT THE TIME OF THE EXTRAORDINARY GENERAL MEETING TO PASS THE RESOLUTIONS TO BE PROPOSED AT THE EXTRAORDINARY MEETING

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    • That's right Rev...I voted "NO" on all three issues! AND, they can't buy votes because the only shares from the May ownership are allowed to vote as I understand it. If they fail on the vote, this could become very interesting...the independent shares become more valuable IMO. I keep watching those institutions---that's where the answer is.

      If someone with more legal experience has a comment, please do.

      LONGGG

      Sentiment: Hold

 
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