The proposals are: 1. Moving the company to Delaware, which is a red flag because any companies there don't need shareholder approval to implement a reverse split. 2. Change the company name to SUNEnergy 3. Be able to do a "special meeting", if necessary.
☆ BURNICE ☆ : what does this mean for us peasants?
FANCY PANTS : None of this says anything about a merger
FANCY PANTS ☆ BURNICE ☆ : It's a shareholder vote.
The proposals are:
1. Moving the company to Delaware, which is a red flag because any companies there don't need shareholder approval to implement a reverse split.
2. Change the company name to SUNEnergy
3. Be able to do a "special meeting", if necessary.