TSXV:KUR.H - Post by User
Comment by
gijane_on Feb 03, 2011 6:33pm
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Post# 18072490
mrmoribund - you are mistaken
mrmoribund - you are mistaken//Bear in mind that as long as the McGoey-Dolgonos crowd comes to the AGMwith no more than 15 proxies, they can put forward their candidate slateof directors almost at the last minute--no less than 48 hours beforethe meeting.//
mrmoribund,
Not that it matters much, but I believe you are mistaken in the above.
I don't believe the dark side has to announce their slate 48 hours prior to the meeting.
They don't even have to show up in person at the meeting.
Using our hard earned cash, they can comfortably take a cruise, sip margaritas in the sun, and hire an agent to show up at the meeting to represent them, at the right time nominate their slate and vote their shares.
Perfectly legal and valid, IMO.
When the dark side was removed last year, they had 30 M votes on their side.
If UBS retail shareholders, who have already been taken for an 8 year ride, let their apathy take over and don't vote in favor of the current board, we will certainly be taken for another one.
It might not be as long lived, but for sure this time they will be laughing even harder in our faces.