Some important words have been left out of the highlight in bold...

Some important words have been left out of the highlight in bold "under Corporate rules and certain circumstances".

No where in the update to concerned shareholders does it state that the author is acting on behalf of the company. It is important to note that the shareholder group is made up of many shareholders that over time have invested MILLIONS into this company and are unhappy with the performance and efforts of the past and current board members and are requiring change so as to minimize the the loss on their investment.

Every project that certain members of the board have brought to the table has gone pear shape, shareholders are not kept properly informed, shareholders are not given the opportunity to vote on projects that the board recommend. ie Fiji and NZ.

In shear numbers the shareholder group is made up of many and of those people cover many skill sets, but most importantly they communicate and have only one goal and that is to see this company relist and become a revenue and profit making business with much lower corporate operating costs than has been seen in the past.

The shareholders of Pacific Dairies OWN the company and have every right to stand and be accounted as to what the future of their company will be. Just because the board and a small number of their associates keep getting shares so as to out number the genuine shareholders does not give them the right to ownership of the company. Look back over the revolving door of board members since 2012, any board member who questioned the actions of the controlling board members either left the company because they did not condone the the way it was being operated or they were voted off the board at the next meeting of shareholders.

IMO DYOR