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thedebuglife | 3 years ago

This is amazing. I wonder if something like this wools fly in the US.

discuss

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Taniwha|3 years ago

you'd have to do your research - the law that allowed 100 shareholders order up a special general meeting every days was I'm sure only a NZ thing (and I think I remembering the conservative govt of time changing the law to protect their mates from this loophole). In this case we had to buy min 100 shares each which was about ~NZ$100 at the time - so that's about a $10k investment - we all sent proxies to the organisers - that $100 was worth a lot less by the time we were done, I don't think I ever bothered cashing it up

banannaise|3 years ago

In the US they're likely to adjourn the first meeting, and hold a second one with riot cops present to threaten anyone who attempts to "disrupt" the meeting by doing anything other than the board's exact agenda.