GREY:HRIVF - Post by User
Comment by
1marketmakeron Jun 11, 2009 10:28am
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Post# 16061621
Info for Sharehlders of HRG
Info for Sharehlders of HRGA few things.
1: This vote will never pass as they need 90% of non Severstal to vote yes....and never ever ever will anywhere near that vote YES as most do not vote. This is a non-issue people. They will own less than 60% of the company after this next financing gets done.
2: If you want the shareholder list...you can buy it for about a grand. Call 866-282-2058 and ask to buy the HRG shareholder list. They'll point you to the right people.
3: Paradigm was the independant appraiser for the share valuation of 22 cents....so the independent directors, Khudyakov, Glackmeyer, and Polakoff, agreed with that assessment. You will get a copy of this assessment with you mailing.
4: You would need to prove they are not looking out for the non-severstal interests. Easy to do??? Do not know. If they have shares in Severstal, I guess you could argue that they are not.
5: Anyone can talk at the annual meeting. Go and you can speak to the board and possibly also Paradigm.
6: At the meeting, you can personally ask to vote on new independent directors instead of this slate, but Severstal also gets to vote on these....so how independent can they be?
5: The circular will be mailed shortly.