G4G, maybe I'm a dunce, but I don't quite follow some of what you are asking or stating as relevant information.  Let me attempt a response by saying that yes, small and undercapitalized companies will sometimes skip annual meetings.  When that happens, short-lived board appointees may never stand for election.

However, a shake-up like we've seen here rarely happens without disclosing the reason(s) behind it, unless the move was prompted by controlling shareholders.  LBSR has no controlling shareholders.  In fact, insider ownership is tiny compared to outstanding shares.  As a side note, I understand that there have been grants of stock since the takeover, something I don't believe ever happened in the past. 

In summary, my complaint is not so much about our not having elections as it is about a complete revamping of our corporate structure by insiders (minus the former CEO/Chair) together with the withholding of the reasons behind it AND the failure to seek support for these actions from shareholders. When these kinds of things do happen in other companies, they are often thereafter complicated by lawsuits that can drag on for years (such as we are experiencing at present, I believe). 

Elections now could solve some of these problems and perhaps eliminate related lawsuits, don't you think?