Still want to know... Still
By Marilyn Blair
July 31, 2010
It's nice to see that a shareholder would take all that time
to go to Cape Fox Corporation (CFC) and research years of archives
to learn so much about my time with CFC and things that transpired
during my time as a board member of Cape Fox. But, Eric, you
give one board member way too much credit! You make it seem as
if I brought all those proposals to the board when I didn't.
LOL! Sorry, just couldn't help but find it all so humorous. Really,
IF I was so powerful, believe me, all Cape Fox Shareholders would
be rich right now!
During my time as a board member,
Cape Fox was never investigated by the Federal Government or
the Small Business Administration regarding how certain people
in power at Cape Fox conducted business. Really, you should ask
Albert White about that since you seem to praise him so much.
This is all during his time being a leader of CFC. He and the
majority of the board totally supported Bruce Borup and his reign
as CEO of CFC.
I need to clear up a few things. First of all, I gave up my seat
all those years ago. I have a disease there is no cure for and
I had to give up a lot of things during that time. Multiple Sclerosis
is a hard one to live with. So Eric, I did not lose my seat,
I gave it up. It's been quite a few years now, since I have been
on the board, don't you think great people like Albert White
would have had enough time to fix this so called mess one little
board member left behind? If he can't then why vote for him.
Put people in who can do the job.
Yes, I was a working president.
Mind you, I said president. Everything was done according to
the bylaws. The board put me in the office by resolution. I was
in the position legally. I'm not criticizing anything Clifford
is doing in the office at this time. There is no hypocrisy as
you try to twist it to be. I and many other shareholders just
simply want to know how much money the two board members who
are so lucky to work for CFC or it's subs as well as raking in
board fees, are making per year. Especially when they promised
shareholders jobs in those subsidiaries. And I bet the amount
those two board members get is more money in one month than we
shareholders get in one year.
Yes, it is a question we deserve to have an answer to Eric, even
if you don't care about the shareholders knowing. It is a right
we have to information regarding our company. Obviously you misread
my letter. I stated that for years shareholders have been asking
for individual financial information on board members who work
for the company or it's subsidiaries. So Eric, when you say the
information was in the CFC proxy statement, your wrong. It is
As far as the rest of your letter goes Eric, me any many others
who have read it just get a kick out of it and you give us a
good laugh. Anyone with common sence knows one little person
cannot be responsible for everything you give me credit for.
In reality Eric, it is you who is trying to twist things around
and take away from the real questions here. You seem somewhat
educated yourself and so I find it hard to understand why you
wouldn't have the same questions I raised in my letter.
Here it is July 30, and we still haven't heard why the meeting
was rescheduled. That says a whole lot right there. The only
motive I have for my letter is to ask why we never get answers
from this board. That is not a bad motive. All I and many other
shareholders want to have the answers to these simple questions.
What's the matter with wanting to know Eric?
Received July 30, 2010 - Published
July 31, 2010
Cape Fox Corp. Lack of Respect for Shareholders By Eric Trout
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