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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by halcrowon Apr 02, 2012 2:27pm
219 Views
Post# 19748897

: RE: lawsuit update

: RE: lawsuit update

"

Mosquito Cons faces dissident action over phone-votes

2012-04-02 14:16 ET - Street Wire

by Mike Caswell

Hongxue Fu, the former chairman and largest shareholder of Mosquito Consolidated Gold Mines Ltd., has filed a petition in the Supreme Court of British Columbia looking to overturn the results of the company's contested annual general meeting. He claims that management's slate of directors was only elected because of votes collected through a phone system. The system had no safeguards to ensure its accuracy and integrity, according to Mr. Fu.

The petition was filed on Friday, March 23, by International Energy and Mineral Resources Investment (Hong Kong) Company Ltd., a private entity that Mr. Fu controls. In it, he complains about irregularities at Mosquito Consolidated's AGM, at which he had proposed himself and others as dissident directors. Mr. Fu says were it nor for a relatively small number of irregular votes that mostly came from the phone voting system, he and the dissidents would have formed the board...

There is more here:

https://www.stockwatch.com/News/Item.aspx?bid=Z-C:MSQ-1944000&symbol=MSQ&news_region=C

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