Ahh good point, shareholders were asked if they would like to contribute to legal costs as it is a shareholder action and nothing to do with a project,
Funds for a project should be used for a project whatever that may or could be not for debts, legal action etc, etc.
The nominees for the new BOD have no hidden agenda nor expectation of getting any particular project into the company, they are honourable and believe that the long suffering shareholders have a right given all the facts to vote for any particular project fairly and squarly.
There are many, not 1 or 2 projects that have come forward and a democratic vote on all information to be supplied in a notice of meeting would be the only way for this company to gain credibility within the investing community and shareholders.
IMO DYOR
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