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Message: 40 Day Notice

Fred Falk postponed the shareholders meeting to sometime in March. According to this blurb he has 40 days to notify investors, but that is regulated state by state, so it might vary by a few days.

Therefore we could be notified as late as February 18th approximately for a meeting as late as March 31st.

Public companies in the United States

Every state requires public companies incorporated within it to hold an annual general meeting of shareholders to elect the Board of Directors and transact other business that requires shareholder approval. Notice of the annual general meeting must be in writing and is subject to a minimum notice period that varies by state.[1] In 2007, the Securities and Exchange Commission voted to require all public companies to make their annual meeting materials available online. The final rules required compliance by large accelerated filers beginning on January 1, 2008, and by all other filers beginning on January 1, 2009. The "e-proxy" rules allow two methods for companies to deliver their proxy materials, the "notice only" option or the "full set" option. Under the notice only option, the company must post all of its proxy materials on a website, and send shareholders a notice that the materials are available online. This notice must be mailed at least 40 calendar days before the shareholder meeting

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Jan 13, 2011 11:17AM
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