Makes sense. I was thinking that all the shareholders should have a say in the matter, but if Tawsix reserved the right to liquidate, I suppose that is his prerogative.
Was just pointing it out/asking why.
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He does not have a right to liquidate and that is not the offer on the table.
The offer that was given and to be put before the share holders was the following.
All sin assets including Hardware, Website/hosting, GLBSE listing, or any other aspect of the opperations of SIN that could carry monitray value or assist in the operation in any way are to be transfered to SDM through the act of ABSORTBTION.
Once the assets have been transfered, they will be assesed and brought back online.
SDM will issue a new non-public ticker and exchange SDM.SIN shares for existing SIN shares to remove asset contact by Tawsix.
Opperation will continue to run under the authroity of SDM.
No offer of purchase was made on the hardware or SIN. In fact, when this matter comes to vote (I will bring it to vote my self if I have to) I have a 12% give/take share ownership in SIN and my vote will be to have the current opperation absorbed by SDM.
I am not sure about you, but I bought into this with the expectation of a fully opetaional mining farm, but due to the current management, my investment is without positive return, and now Tawsix is saying he will sell the hardware. If at any point Tawsix violates the contract he has issued through GLBSE, I will issue suit, win, and forclose on all hardware and assets currently held illigaly by Tawsix as all asset belongs to SIN.