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AF4C merger = demise of USCF

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Tags: af4c, demise, merger, uscf

AF4C merger = demise of USCF

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#1

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August 5th 04, 06:11 AM

Sam Sloan

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AF4C merger = demise of USCF

At 09:35 PM 8/4/2004 -0400, wrote:
A number of Delegates have stated the opposite- that they do want this
matter to come to the Delegates, and they do not trust it to be negotiated
by a Board without their active input. The agenda is of record brevity this
year, and there is more-than-ample time. This concerns major issues, such
as the obvious demographic changes that are affecting US chess, and for
which USCF has constantly-diminishing resources to address. If I were on
the EB, I would want the Delegates to take some position on it, up or down.
Regards, John McCrary

You are insulting our intelligence. Have you ever tried to file a
merger proposal and proxy statement with the SEC? I have. Every aspect
of the proposal plus financial statements of all parties must be fully
disclosed before the stockholders can be allowed to vote upon it.

You have told us nothing, absolutely nothing about this deal. We are
being asked to buy a pig in a polk. And indeed it should not be
negotiated by the board in its present condition.

The delegates are being asked to vote on this up or down just a few
days from today. Please note, today is August 5. It certainly looks
like you are trying to pull another fast one.

Sam Sloan

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