Quote from: shakaru on November 17, 2011, 05:11:19 PM

Quote from: Tawsix on November 17, 2011, 01:36:49 AM

I have started the motion concerning the liquidation of SIN, it's ID is 62 (I made a test motion with ID 61 to make sure everything was working correctly, so just ignore that one). The motion text is as follows:

Code:

Vote Start: Wednesday November 16, 2011 - 9:00 PM
Vote End: Tuesday November 22, 2011 - 12:00 AM
Vote Num: 000006
Vote issue: Wrapping up and liquidation of SIN

This vote is being held to determine the shareholders' opinions
on the matter of wrapping up SIN and liquidating its assets.

A vote in favor (yes) will support the wrapping up and liquidation of SIN.

A vote against (no) will be against the wrapping up and liquidation of SIN.

Voting will go until midnight the 22nd of November. Hopefully this will be enough time for the majority of investors to vote.

Why is there no vote for asborbtion like we have discussed? Also, where is the hardware manifest we have been told about? I growing very tired of your dealings. Put up the damn motion like you said.

For a second Tawsix actually convinced me to back down on starting the motion on whether or not to Shades Minoco should absorb SIN. Though, seeing how he has failed to give us hardware info, and seeing that i'm not the only one pushed a little too far, I think I will keep on him about the whole mess. I need to stay focused.

Quote from: SgtSpike on November 17, 2011, 05:41:37 PM

Quote from: senbonzakura on November 17, 2011, 05:16:37 PM

how many shares does Tawsix have ?

I voted no, i did not see option for Shakaru to take over

That's my point - he has the same number of shares as all the other shareholders put together. However he votes is what will happen.

Quote from: Peter Lambert on November 17, 2011, 05:44:50 PM

I would like to first see Tawsix admit that he should have a lower share count, and show the calculation for how many shares he holds. Did he actually award himself more shares, or was he just collecting profits as if he had?

Secondly, before we go any farther we need to know what the company assets are, so we can best decide what to do with them.

We don't know if he actually gave himself those shares or not, or if he was just taking half of the dividends for himself, before sending rest out to shareholders. Given that it appears he has already made up his mind, and hasn't paid for 50%+1 shares, I hope that he doesn't vote on these/this motion(s)

How many shares Tawsix were to receive if an absorption were to happen, needs to be worked out with him and shakaru. I personally think that he should receive shares based on the amount of money reinvested from dividends. I believe remuneration should not be a factor, given how poorly he has run SIN.