Rangersitis 0 Posted January 8, 2015 Share Posted January 8, 2015 Lots of chat going around about a possible EGM being called for given the dire need for cash within the next few days. Unless Sarver, King and the 3B's come to an agreement - i would imagine an EGM will be called by King et al to try and invoke change. Given the way all the parties appear to be aligning - what could the potential outcome of an EGM be given the shareholdings? Quite possible that board members wont survive a vote if 50% is needed to remove, however are there any other aspects of change which could be blocked based on the Easdale block? How would the call for an EGM help with the need to find cash in the next few days? 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted January 8, 2015 Share Posted January 8, 2015 It would remove the board and allow for emergency funding 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted January 8, 2015 Share Posted January 8, 2015 It would remove the board and allow for emergency funding In the next few days? 0 Quote Link to post Share on other sites More sharing options...
rbr 1,247 Posted January 8, 2015 Share Posted January 8, 2015 Would pressure the board into action imho 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted January 8, 2015 Share Posted January 8, 2015 In the next few days? Depends on the board and the need. But 7 weeks would be the max I think if the board ae awkward. 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted January 8, 2015 Share Posted January 8, 2015 Depends on the board and the need. But 7 weeks would be the max I think if the board ae awkward. That was my point. An EGM does not address any funding problems measured in days. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,239 Posted January 8, 2015 Share Posted January 8, 2015 In the next few days? We repaid Easdale, so there's enough cash for that. And Easdale isn't going anywhere, so he could very well offer another loan "to safe us". 0 Quote Link to post Share on other sites More sharing options...
Rangersitis 0 Posted January 8, 2015 Share Posted January 8, 2015 We repaid Easdale, so there's enough cash for that. And Easdale isn't going anywhere, so he could very well offer another loan "to safe us". Not long to wait for the Easter bunny. 0 Quote Link to post Share on other sites More sharing options...
der Berliner 3,239 Posted January 8, 2015 Share Posted January 8, 2015 Not long to wait for the Easter bunny. It seemed Brentford paid their bills quicker than the Arabs. 0 Quote Link to post Share on other sites More sharing options...
JTP 0 Posted January 8, 2015 Share Posted January 8, 2015 I should add from my earlier post that the EGM rumour from twitter has originated from Keith Jackson's Q&A where HE said (or guessed) himself that King would call for an EGM in the next 24/48 hours. I'm not sure if that was his sources or just his opinion. @NewcoTed tweeted him the question back "EGM within 24 hours" and I think that is where the speculation has derived from ................ 0 Quote Link to post Share on other sites More sharing options...
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