Thanks Larry for 'detailing' my answer to 'sb'.
To which your summary at the end is as follows"
"...Although the Board may have imposed a 10:1 consolidation upon its Shareholders without consultation, the Board did not choose to do so...."
It must be said however, that the board chose to act even more aggressively by proposing a 30 to 1 split.
.
On two other very important matters:
I have two questions respectively, which I have already e-mailed to you and Frank: I appreciate that you are very busy but I and other shareholders would like an answer as soon as possible. (just as you afforded to sudburyboy1.)
1)
What is that approximate sum of money (excluding salaries) which is necessary to keep our company solvent on an annual basis?
(this would include all claim and corporate fees together with only the necesary professional fees of accounting and/or legal)
(We ask that salaries be itemized separately)
2)
Have there been any of our claims which have lapsed during the last two years?
(Long time Shareholders want to be assured that we still have our entire property of claims as known to us during those visits to the property with you and Frank in years past.)
.
Trusting all is well & looking forward to hearing from you ....danny
