Perhaps the SEC in the U.S. can remove the current BOD? I am not up on the rules for the U.S., but we do trade there on the OTC and directors do have obligations to shareholders there as well. I believe there , directors are statuatory liable. We trade in the U.S. as SELSF.

The SEC should have an obligation to protect OTC shareholders, and I do know that there were shareholders that held shares of SELSF on the U.S. side. Perhaps pressure should be put on the SEC to act on this from that direction? The SEC may be able to force the BCSC to act in protection and best interests of shareholders. The BCSC may be accountable to the SEC in this respect?

Can some U.S. investors of SELSF post here so we may get some idea of a count? The longer the current BOD is allowed to stay in, the more the treasury will most likely decline, and it is most likely getting very low now. Where the BCSC has been alerted to our grave concerns of what appeared to be reckless spending among other things, and have failed to act upon the removal of the outvoted BOD, we must resort to different approaches in our defence. Time is of the essence here, and maybe the U.S. SEC can step up to the plate in the interests of 91% of the vote?

The SEC may have the power to remove the current BOD immediately whereas the stock does trade on a U.S. exchange?

Can some investors brush up on the U.S. securities laws pertaining to OTC traded stocks and see what rights shareholders have and any inforced obligations of directors?

thank you

rick