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Laxey Request      8-Feb-09 06:28 pm    
P9 of the ASA Proxy info has the following statement. "Laxey paid the costs of the proxy solicitation, but now Laxey is seeking reimbursement of its costs from the Company. Laxey has informed the Company that the actual costs of Laxey's solicitation were approximately $985,000. The Company's Board is reviewing Laxey's request for reimbursement, but has yet to act upon the request. Accordingly, the amount, if any, that the Company may reimburse Laxey is uncertain."

My question is
How could the Board consider any reimbursement of this request to be in the Shareholders best interest?
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suborbital9...


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  Subject Author Rating Time of Post (ET)  
 
Laxey Request
suborbital9... (2 Ratings) 8-Feb-09 06:28 pm  
 
suborbit, Good point. I did not read the proxy...
davidboon Rate it 16-Feb-09 08:53 pm  
 
Dave ASA's Semi-Annual Report (May 31, 2009)...
suborbital9... Rate it 15-Aug-09 12:48 pm  
 
suborbital9, Thanks for the heads up...
davidboon Rate it 17-Aug-09 03:21 pm  
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