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Message: <blockquote data-quote="Nightbreeze" data-source="post: 4321843" data-attributes="member: 46755">[sblock=J.A]Yeah, I realize that after a while it gets mad and that they have treated me very well, but so I am trying to meet them. It seems to me that they are going to agree if I give them the right of first pick on the 16% of any new silver shares issued, with the condition that if they refuse, the new issue is reduced by 16%? (this is simpler than it seems: for example, if pandak wants 100s.shares, I make an issue of 100+x (so that x is 16% of 100+x). If they want it, they take x shares and pandak takes 100, and their precentage is the same. If they don't want it, the new issue gets down to 100, all of them to pandak). Furthermore, I promise that no one other than the current holders of silver shares will be permitted to be issued or to buy silver shares for one year. Given the fact that the current silver share holders (SSH) are probably going to ask for a small quantity of shares in this year, they will be able to defend their voting stake with little or no investment. Also, as the silver shares cannot be traded to people out of the SSH, they already know the other decision makers for the next year.Is that ok for them? (but, before that, what kind of interest are they applying to my loan? 5%?. They have some power over me, because of the money I owe them, but they probably realize that the Duke of Sunbridge may cover my back if they try something funny, and they still control only 16% of the voting shares...)Do you want me to go on and estabilish the precise rules for director's assembly, executive structure and so on? As for now, I have only thought of a SSH Assemebly. As the company still hasn't started operating and we don't know how bright the future is, for the moment I'd just stay with me as a CEO that takes the decisions, unless the SSH challenges me formaly. As soon as the matters become more complex, we shall set up the complex guidelines. If you think that I shall set them up now, however, I'll do that[/sblock]</blockquote>

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