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Equal Energy Ltd. Message Board

  • marc450sl marc450sl Jan 31, 2013 11:42 AM Flag

    Board amendment changes

    Did you all see the amendments the Board just okay?

    The 2 largest (and most vocal) dissidents hold a littler over 6% of the company.

    Under the prior rules, a shareholder needed to represent 5% or higher of the company's stock to bring business before the Board at the shareholders meeting (i.e. like changes to the Board or executive changes like the CEO)..

    This was just changed to 25%+ for obvious reasons.

    Just another example of their representing only themselves and the CEO.

    Sentiment: Hold

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