RE:RE:RE:RE:RE:REE magnet manufacturers, the Billion dollar question Pip,
Regarding "Surprised he hasn't been pressured harder by the other shareholders of IBC"
From Ucore's last press release:
Paul J. Talbot, Dr. Reed M. Izatt, Liisa Marianne Silander-Izatt, Dr. Jerald S. Bradshaw, Jerald S. Bradshaw Trust a/k/a JKB Trust, Reed M. and Helen F. Izatt Foundation, Dr. Ronald L. Bruening, and Reed M. Izatt Trust v. Ucore (filed on January 6, 2020 and purportedly served on April 21, 2020)
"Fourth Utah Complaint"
Court: U.S. District Court, District of Utah
The named Plaintiffs (the "
Selling Shareholders") are all IBC shareholders and signatories to the OTP. They consist of all of the shareholders who signed the OTP, except for Steven R. Izatt.
I don't know if there are other shareholders than the "Selling Shareholders" and Izatt, but if so, they didn't sign the OTP
and so presumably didn't want to sell in the first place. And, aside from Izatt, all of the other "Selling Shareholders" have sued Ucore. So why would they be pressuring Izatt?