> I rec'd from the CEO, as did all shareholders, a special letter
> explaining the reason why they need to "print more money" i.e., offer
> more shares. The excuse was lame and showed a great deal of ineptness
> on their part in managing our business. They wish for shareholders to
> vote YES on Proposal #2. I suggest we all vote NO, and
> 1) demand release of the names of the private investors,
> 2) demand a vote on future private offerings, and lastly
> 3) we demand they buy shares back from existing holders with the
> excess $30MM in cash reserves and offer these to the private
> investors. If is smells like poop, looks like poop, and tastes like
> poop, its probably poop!