Its been interesting reading all the comments of various investors or so called investors...my request to each one of you is please comment only when you have the authority or knowledge on what you are commenting upon...
Please reserve your opinions for yourselves...if one discusses this matter with an autorickshaw driver even he will post his ’’OPINION’’... what needs to be done now is wait till 7th October...attend the meeting...ensure that the interests of the investors are taken care of... from the court order its clear that the company is not contemplating on running away as an option..
They are willing to negotiate as per the Indian laws...if the laws state that thier present business model is untenable then obviously the company has to change...it would mean that future investments may not be as lucrative....we as past investors should consider in what way we get compensated ....? creating mob fury will not help...it will only add fuel to fire...we need to ensure that the majority’s thoughts during the meeting is properly minuted...the allowance of proxy..
As mentioned in the order could act in company’s favor because we do not know how many insiders are deemed insireds have invested and thier proxies are availbale with the company...so please ensure that all known investors attend the meeting failing which we carry thier proxies... my request is observe restraint so that the company doesnt get an oppurtunity to call off the meeting and use the proxies as permitted by the court to achive thier goals...