http://slcapex.com/forums/topic/BTR/1239 In forum Beck Technical Research Public Forum en-us Fri, 10 Sep 2010 12:50:18 -0700 Fri, 10 Sep 2010 12:50:18 -0700 http://slcapex.com/forums/ Kudang SQL2RSS admin@slcapex.com webmaster@slcapex.com 60 http://slcapex.com/forums/topic/BTR/1239 Bo Beck Group (BBX) Shareholder Meeting MINUTES - 12/18/2007

The attached transcript of the Bo Beck Group (BBX) Shareholder Meeting, held Tuesday December 18, 2007 has been nominally edited for readability - Enjoy!

Bogart Beck.

[18:48] Kadena Whitfield: this is BBX's new headquarters. feel free to have a look around if you wish
[18:48] Silky Dawg: It looks very nice
[18:49] Kubi Beam is Online
[18:51] Silky Dawg: hi kubi
[18:51] Kubi Beam: Hi everyone
[18:52] Yanik Lytton: hi Kubi
[18:55] Scott Nestler: Hello All
[18:57] Kubi Beam: HI Alyssya
[18:57] Kadena Whitfield: hi Alyssya
[18:57] Alyssya Vella: Evening all
[18:59] Kadena Whitfield: hello Sully
[19:00] Sully Okelly: good evening :)
[19:00] You: We'll start in about 3 minutes to allow for stragglers... ;-))
[19:00] Yanik Lytton: holla Travis
[19:00] Travis Ristow: hey Yanik!
[19:03] Nathanael Westland: Well...this is comfy
[19:03] You: Thank you all for coming...

[19:05] You: If I may call this meeting to Order... Welcome to the First Annual Shareholders Meeting of Bo Beck Group - we're an SL Capital Exchange Company trading under the ticker symbol BBX

[19:05] You: A couple of very quick housekeeping items...

[19:06] You: 1) this is a PUBLIC Shareholder Meeting, so, any comments you make here will be a part of the published Public Record and will be distributed to Shareholders unable to attend this evening and other interested parties. If you do not wish to be part of the public record please refrain from speaking until the Official Meeting has been adjourned - I will be happy to answer any private questions confidentially after the Shareholder Meeting.

[19:06] You: (2) We have a VERY busy Agenda this evening - if you would, please HOLD ALL QUESTIONS - I will open the floor for a general Q&A at the conclusion of our scheduled business.

[19:07] You: For those NEW VISITORS please allow me to take a few moments to introduce myself, the Board of Directors, and one or two of our Distinguished Guests this evening...

[19:08] Arbitrage Wise is Online

[19:08] You: If you hadn't guessed (or read the silly banner above me head) I'm Bogart Beck, Founder and Chairman of BBX. For the record I am also the Chief Executive Officer of the SL Capital Exchange and its interim Chief Financial Officer.... (Shameless plug; if you, or an acquaintance are interested and experienced in Public Accounting please see me afterward) ;-)

[19:09] You: Next, please allow me to introduce the incumbent BBX Board of Directors beginning with Mr. Kubi Beam, our largest public shareholder. Mr. Beam is CEO of Tropical Temptations, another SL CapEx listed company trading under the Ticker XXX - thank you Kubi for being with us this evening... er... early morning where you are.

[19:10] Kubi Beam: thank you.

[19:10] You: Also, please allow me to introduce our other Outside Director, Mr. Travis Ristow, Founder of BCX Bank, SL Risk, and several other prominent SL Financial Institutions. Travis recently purchased the Innovative Index Fund - an SL-wide Marketbasket Index which trades on SL CapEx under the Ticker symbol NDX - Thank you also Mr. Ristow.

[19:10] Travis Ristow: My Pleasure :)

[19:10] You: I'd like to take a moment to acknowledge Mr. Arbitrage Wise, Founder and Chairman of SL CapEx and too may other SL companied to mention here... thank you Sir for attending...

[19:11] You: I suppose I could spend the majority of the evening introducing our freinds and family around the room, but I'm sure many of you are already acquainted, or will be shortly.

[19:11] Arbitrage Wise: :)

[19:11] You: On to our Agenda this evening...

[19:12] You: For those already familiar with the very brief history of BBX please allow me a few moments to provide our guests with some background and context... Bo Beck Group was formed EXACTLY 60 days ago out of the ashes of a failed (read Fraudulent) SLMS startup on SL CapEx.

[19:12] You: On the date SLMS was halted at L$.53 per share, nearly half a million shares were outstanding leaving approximately 100 shareholders holding the bag.

[19:12] You: After nearly a month of deliberation Arbitrage Wise allowed me to put forward a Recievership and Recovery Plan which was launched on October 18, 2007.

[19:13] You: On that date a completely recapitalized and repurposed entity was launched and commenced trading at L$.75 per share - an immediate and substantial windfall for those stranded SLMS Investors who chose to exit at that time.

[19:13] You: In the sixty days hence we have managed to fully fund an SL CapEx-based Investment Fund (the BBX Index) - currently with nearly L$2.6M in securities under Management.

[19:14] You: At formation, BBX was also named as the Trustee for the AFB-AIG (Investor Allen) Settlement claimants.

[19:14] You: Last month we were able to distribute the first 10% recovery payment to AFB claimants and were able to settle (in full) the claims of the AIG Sharholders

[19:14] You: I hope to be able to transfer another 10% distribution to AFB claimants this month

[19:14] You: - we're about half-way there... at present there is approximately L$400K in cash and just under 6.2M shares in the Allenvest Trustee Account remaining.

[19:15] You: In November, JT Financial, parent of SL CapEx named BBX as the Admnistrator of its Fraud Fund. We're currently managing a little less than L$350K in Assets under that program.

[19:15] You: I am also very pleased to announce that Arbitrage Wise has additionally named BBX as the Trust Administrator for the recently formed JT Investment Fund, a private Fund that manages the securities held by JT Financial as Investments.

[19:16] You: While small (about L$100K) at this point, I expect this Fund will grow substantially as JTF begins to diversify its investments.

[19:16] You: So... you ask... how does BBX MAKE $$$ with all these securities under management??

[19:17] You: It's actually quite simple - in the case of our own holdings we BUY LOW and SELL HIGH and pocket the margin in between as profit (less the trading commission).

[19:17] You: With regard to the Asset Management and Trustee portfolios, we earn either a FIXED FEE each month based on the Total Assets under Management, or a percentage of the Gains earned on the portfolio that month - generally our fees vary from 1.5% to 10% per month - each contract is negotiated and managed individually.

[19:18] You: I am pleased to report that we were quite priofitable in our first 45 days of operation, earning nearly L$200K and were able to pay a L$.02 per share Dividend after our first full month of performance.

[19:19] You: I fully expect that trend to continue - this month we're on track to deliver perhaps L$.05 per share in Dividends to our shareholders.

[19:20] You: Let's talk about SHARE performance - first off, were a GROWTH Company, not an old horse industry stalwart - so I would expect MOST Shareholders would choose to invest in BBX because we're able to GROW THE BUSINESS and INCREASE the SHARE VALUATION and MARKET CAP of the Company...

[19:21] You: so... how have we done in 60 days? Let's see, we launched at L$.75 per share... earlier this afternoon we were trading at an interday high of L$3.10 per share... what is that? +/- 400% in 60 days?... I think we're doing A-OK - how 'bout you?

[19:21] You: How'd we do it? Well, as many of you know, I have AGGRESSIVELY bought BBX shares at market to maintain a very tight public float and regularly put or call BBX shares from the market as its Market Maker.

[19:22] You: Some uninformed folks might consider that manipulative - I DON'T - that's my JOB - it's what YOU as Shareholders entrust me to do as your Chairman.

[19:22] You: This brings us to the MOST IMPORTANT part of our session this evening - INCREASING SHAREHOLDER VALUE.

[19:23] You: Over the last several weeks I have conferred with both Mr. Beam and Mr. Ristow, as well as a number of my trusted confidentes within the SL community - several of whom are with us this evening - thank you each for attending...

[19:24] You: To us, it has become apparent that the recent launch of several OPEN SYSTEMS-based Grids places ALL of the incumbent PRIM-based and PERM managed SL resources at RISK.

[19:24] You: How many of you all remember the COPYBOT debacle this past summer? How many of your Vendors SHUT DOWN during that week? Scary?

[19:25] You: Well, if you were a PRIM-based Developer (whether you produced clothing or structures or textures or artwork) the landscape became VERY TREACHEROUS.

[19:25] You: For ALL of us, the time and effort we invest in producing our OBJECTS is INDEED Intellectual Property and is a protectable right PROMISED to us by our freinds at LL.

[19:26] You: Beyond my own SL Financial endeavors, many of you know that I am an ARTIST who creates and distributes Original Artwork in SL -

[19:26] You: that's actually what BROUGHT ME TO SL TO BEGIN WITH - the opportunity to distribute my work to an online audience.

[19:27] You: Well... that Intellectual Property RIGHT is again being THREATENED by the SL OPEN SOURCE COMMUNITY.

[19:27] You: I understand SEVERAL here are actively exploring OPEN SIMS and *I* too encourage that outgrowth - however with some restraint - here's why. pardon the pun, but right now from an Intellectual Property and Digital Rights Management perspective I'll call that effort BROKEN SIM...

[19:28] You: to be very VERY frank - in it's (their) current iteration(s) there is absolutely ZERO Digital Rights Management capability on the open grid...

[19:29] You: if you, as a developer, (or if any of your CUSTOMERS) REZZES an OBJECT on an OPEN SIM it is FAIR GAME in my view as there are NO Asset Servers Managing the Digital Rights on those SIMS!

[19:29] You: Talk about WTF??

[19:29] You: Well... BBX has a potential SOLUTION to THAT problem... those of you that have paid any attention to our Balance Sheet may have noticed an intangible asset called "Derivative Works Script".

[19:30] You: To be honest in its unimproved form it is little more than a split-pay script which I'm sure many of you are familiar with.

[19:30] You: Quite simply, if a BUYER purchases an SL OBJECT with the Script embedded it splits the PAY between two or more avatars - this is fundamantally how many Vendor systems really work... it's NOT ENOUGH!

[19:31] You: To make a very long story short I've spent the last two months researching an improved methodology for Digital Rights Management (DRM) within SL and have interviewed several prominent programmers

[19:32] You: In the end we think we can substantially IMPROVE upon that metaphor

[19:32] You: HOWEVER it will take TIME and $$$ to accomplish and realistically justifies its own development entity.

[19:32] You: I won't explain the blow-by-blow requirements this evening, but, please trust that the concept is viable and attainable with the right team in place.

[19:33] You: To that end I have proposed to the BBX Board of Directors to allow me to SPIN OFF the BBX DRM Intellectual Property into its OWN ENTITY to allow it to raise its own funding and trade on its own merit.

[19:34] You: The Board has agreed with my assumptions and I am pleased to announce that we will SPLIT BBX into TWO TRADING ENTITIES IMMEDIATELY UPON CLOSING OUR YEAR-END BOOKS (on or about 12/31).

[19:34] You: What does this mean to YOU the incumbent BBX Shareholder?

[19:35] You: I have PROMISED since DAY ONE to protect and ENHANCE value for BBX Shareholders...

[19:35] You: what THAT means to me is that you who have shared in the BBX experience will also share in the DRM experience...

[19:35] You: to wit each shareholder of the current BBX will also receive a share of the DRM entity at launch...

[19:36] You: (WHY? Well... I'm MOVING an ASSET that belongs to BBX... thus it's also YOUR ASSET and you MUST be compensated for it DOLLAR FOR DOLLAR).

[19:37] You: I will provide a Capitalization plan for both POST-SPLIT entities within the next few days and am confident you will be satisfied with the proposed plan and will ultimatly BENEFIT SUBSTANTIALLY from the plan.

[19:37] You: More detail to follow in that regard... lets move on to Board of Director Nominations and then a Question and Answer Period...

[19:37] Cornelious Beck is Online

[19:38] You: Foremost, I am very pleased that both Kubi and Travis agreed to accept a Board seat on VERY short notice just two months ago

[19:39] You: I think we have worked well together and if there are no objections from the audience I'd like to move to nominate both Kubi and Travis for a full 1 year Term beginning January 01, 2008.

[19:40] You: Do I have any objections from the Audience?

[19:40] You: May I get a second to the resolution please?

[19:40] Kadena Whitfield: i second
[19:40] Sully Okelly: I second your motion
[19:41] Yanik Lytton: i second too
[19:41] Silky Dawg: i second

[19:41] You: I see I've lulled everyone to sleep with my DRM rant... lol... figures...

[19:41] Alyssya Vella: seconded

[19:42] You: Travis - have you any objection to serving a term on the BOD for 2008?

[19:42] Travis Ristow: None

[19:42] Travis Ristow: I would be happy to accept

[19:42] You: Kubi - have you any objection to serving a full term for 2008?

[19:42] Kubi Beam: None, thank you. I woul accept, too.

[19:43] You: Thank you... be it resolved that both Kubi beam and Travis Ristow shall serve as Outside Directors for BBX for the 2008 term commencing 01/01/2008

[19:44] Yanik Lytton: congrats to both of you

[19:44] You: Do I have any nominations from the floor for a Chairman of the Board for the 2008 Term?

[19:44] Nathanael Westland: Yes, Congratulations
[19:44] Travis Ristow: Thank you.
[19:44] Kubi Beam: Thank you
[19:44] Reina Ferraris: Congratulations Kubi and Travis
[19:44] Travis Ristow: TY Reina
[19:44] Arbitrage Wise: Congrats!

[19:45] Kubi Beam: I like to nominate Bogart Beck for the Chairman
[19:45] Travis Ristow: I second
[19:45] Kadena Whitfield: i second as well
[19:45] You: Wow... I can keep my job! Woot!
[19:45] Travis Ristow: For NOW! lol
[19:45] Nathanael Westland: lol
[19:45] Kadena Whitfield: lol
[19:46] You: I greatfully accept the nomination - thank you.
[19:46] Travis Ristow: Congrats Bogart
[19:46] Kubi Beam: Congrats
[19:46] Yanik Lytton: congrats Bo
[19:46] Kadena Whitfield: Congrats

[19:46] You: Be it Resoved that I, Bogart Beck, will serve as BBX Chairman for the 2008 Fiscal Year

[19:47] Reina Ferraris: Congratultions Bogart
[19:48] Nathanael Westland: Congratulations, Bogart

[19:48] You: It is a little premature to discuss formation of the DRM Team, but, at least for the initial (interim) period I will ask that Kubi and Travis serve until such time as Officers can be elected to serve that entity

[19:49] You: That concludes the OFFICIAL Business we have this evening. At this time I'd like to open the floor to any Questions you may have...

[19:49] Travis Ristow: Describe "short term" lol
[19:49] You: Until I'm sick of yer 'tude... short enough? ;-)
[19:49] Kadena Whitfield: lol
[19:49] Travis Ristow: SWEET!

[19:50] You: Are there any questions from the audience this evening regarding BBX or its performance this quarter?

[19:50] Alyssya Vella: Bo, on running through BBX details i noticed that the prospectus still shows the SLMS plan and details... is there a reason for this? with a completely new company movement would it not be wise to update this?

[19:51] You: Actually Alyssa, yes there is... our current software LOCKS the prospectus on IPO... We're working with our programmer to change that going into the new year (as soon as it is ready i will post a CURRENT BBX Business Plan there as a replacement.

[19:52] You: Arbitrage and I are working diligently to whittle down the list of NEEDED enhancements - trust that that one iis at the TOP of the list ;-) (right Travis?) LOL

[19:52] Alyssya Vella: OK good to hear... not great when i send prospective investors to read your prospectus... and.. well i'm sure you can see the dissadvantage there ;-) good to hear its being resolved

[19:52] Travis Ristow: lol

[19:52] Alyssya Vella: thank you

[19:52] Travis Ristow: NP Marc has given up!

[19:53] Yanik Lytton: ?

[19:53] Alyssya Vella: lol

[19:53] Travis Ristow: NDX Prospectus has not changed Yanik

[19:53] You: TrMr. Ristow also has the same issue with NDX as well as Kubi's current entity (we're each Acquireres of our firms so at the moment we're stuck with the LEGACY.

[19:53] You: It will be resolved soon we hope

[19:54] Alyssya Vella: ah great perk huh? well heres hoping that changes shortly ;-)

[19:54] Yanik Lytton: when you say BBX shareholders compensated with DRM dollars for dollars - will DRM be IPO'd and at what price? same as BBX currently trading?

[19:55] You: Actually, the DRM will NOT be IPO'd it will actually be SPUN OFF into a vacant shell. A secondary offering will follow...

[19:58] You: The DRM IP is an existing asset on a listed Co Balance Sheet so there is no IPO req'd... simply a matter of placing it into a vaible entity, accounting for its valuation in the new entity and ammending the BBX Balance Sheet to accont for the asset transfer... Sorry Accounting Mumbo Jumbo... but essentially take a dollar out of 1 pocket and placing it in another...

[19:58] You: I'll give a brief exaample...

[19:58] Yanik Lytton: please

[19:59] Cornelious Beck: my speciality :P

[19:59] You: At present BBX is trading at 3.00 per share roughly

[19:59] You: Lets assume that the DRM IP is worth 1.00 of the 3.00

[20:00] You: Upon Split tyou would have two entities with the exact same share allocation and shareholders... one with a valuation of 1.00 per share and one with a valuation of 2.00 per share...

[20:02] You: Shareholders maintain 100% of their asset valuation but have unlocked the value of an asset to track on its own merit (and, in this instance raise additional capital without burdening the asset pool of the OTHER entty... does that make sense to everyone?

[20:02] Travis Ristow: yes
[20:02] Cornelious Beck: yes
[20:02] Kubi Beam: yes

[20:02] Yanik Lytton: so BBX total number of shares should go down too?

[20:02] Yanik Lytton: transfered to DRM

[20:03] You: NO... 2M shares curently in BBX *at 3.00 sh)...

[20:03] You: 2M shares would be created in DRM (assume at 1.00 per share)

[20:03] Cornelious Beck: number of shares split also

[20:04] Cornelious Beck: ??

[20:04] You: NOT TRUE Cornelius... this is an ASSET SPIN not a share SPLIT

[20:04] Alyssya Vella: no, value of the share not the number of shares is what is effected

[20:04] Cornelious Beck: ok my mistake,

[20:04] You: 2M @ 3,00 sh = 2M @ 2.00 + 2M @ 1.00... make sense?...

[20:05] Cornelious Beck: ahh ok
[20:05] You: Was doing that Arbitrage accounting again... tee hee
[20:05] Cornelious Beck: lol
[20:05] You: sorry Boss - couldn't resist.
[20:06] Cornelious Beck: am loving learning about arbitrage methods
[20:06] Arbitrage Wise: lol

[20:06] You: All we're doing in spinning DRM OUT is to allow it to trade ALONE and Raise its OWN capital

[20:06] Yanik Lytton: but the BBX shares are already profitable. so we're kinda of losing a 3rd to a future profit

[20:06] Yanik Lytton: dividend wise

[20:07] Travis Ristow: No because you are getting the same value you already had

[20:07] Travis Ristow: just is 2 seperate stocks

[20:07] You: Yanik, at present DRM contributes ZERO to the Income of BBX (it is unfinished)... if we leave it INSIDE BBX it's development cost will drive DOWN the valuation of the BBX FINANCIAL assets (which are presently worth 2.6M

[20:07] Alyssya Vella: well, and correct me if i'm wrong Bo... but it is unlikely you will actually see any value decrease (or share price decrease) in BBX shares as this would imply (just to speak of BBX shares specifically and not to take into account your new DRM holdings)

[20:07] Yanik Lytton: true

[20:08] You: so the point is to PROTECT the FINANCIAL SERVICES valuation

[20:09] You: Well... it will GO DOWN by a DOLLAR on Issue... but, if you know how aggressive I am, I wouldn't expect it to stay at $2 for more than a nano second... BUT that all depends on the shareholders too

[20:09] You: All I can do is BUY and SELL at Market or LIMIT... you all set the price of the Public Float ;-)

[20:10] You: BUT, in short, YES, it would be the Boards expectation that BOTH stocks would trade HIGHER than their issue price in short order - that's our JOB

[20:11] Yanik Lytton: thanks. i understand better now

[20:11] Alyssya Vella: OK clarify for me... i understand the intrinsic VALUE of BBX is being split off with a portion of that value going to DRM.. but how are you going to reflect this in the BBX share price? i mean... how are you going to impliment the price going down by a dollar?

[20:12] Alyssya Vella: (without buying out all the buy orders i mean? sorry not really sure how this is implimented in SL)

[20:12] You: The Exchange will adjust the shareprice of BOTH stocks on OPEN the day they begin trading together... one at 2.00 (BBX) the new one at 1.00... that is just mechanics

[20:13] Alyssya Vella: OK and there will be plenty of warning of this happening? and perhaps a brief freeze period on BBX trades to take this into account?

[20:13] Yanik Lytton: wonder how i'll fit that on my Excel sheet

[20:13] Alyssya Vella: lol thinking the same thing Yanik ;-)

[20:13] You: There is an INSTANT each DAY (when the trading clock rolls over). At that Instant ALL cuurrent LIMIT Asks or Bids would be CANCELLED

[20:13] Alyssya Vella: OK

[20:13] Alyssya Vella: thank you Bo, i'm clear now

[20:14] You: Does that help everyone?

[20:14] Travis Ristow: yes
[20:14] Alyssya Vella: very much so
[20:14] Yanik Lytton: yes thanks
[20:14] Nathanael Westland: yes

[20:14] Sully Okelly: I've missed some, but why not IPO the DRM compnay and have it buy the property rights from BBX?

[20:14] You: NET NET there is NO CHANGE in intrinsic value... just two pies instead of one

[20:15] Sully Okelly: exactly

[20:15] Alyssya Vella: for existing shareholders, yes ;-)

[20:16] You: Because I DON'T NEED to IPO it... I already own 86% of the IP... I can effectively sell shares into the market AND do a secondary if necessary... IPO is for an entity that has no shareholders... BBX has shareholders

[20:16] You: does that answer yer question Sully?

[20:17] Travis Ristow: This is already your asset - why would you not want to develope it?

[20:17] Alyssya Vella: on that Bo (your personal holdings), i have an odd one..

[20:17] You: Actually *I* only own 50% + 1 share... the remaining shares actually are TREASURY so WE OWN THEM... do you really wanna DILUTE THAT?

[20:17] Alyssya Vella: ah nm... that answers it

[20:17] Travis Ristow: It really would make no sense to IPO at this point.

[20:18] You: TY Travis...

[20:18] You: Me thinx sir Kubi is napping o'er there... must ahave been a long night P-Daddying!

[20:19] Travis Ristow: The Value that will be gained by this spin off is greater then what it could offer as an asset of BBX.

[20:19] Kubi Beam: I am still here, don't worry.

[20:19] You: EXACTLY... good memory - I think we talked about this exact scenario ... last weekend?

[20:19] Travis Ristow: LOL

[20:20] You: Can I answer any other questions from the floor?

[20:20] Alyssya Vella: one more

[20:21] Travis Ristow: Yes - But it does make sense - In essense we are taking what could turn into a liability - left in its current position - and giving it a chance to become profitable - and benefit everyone.

[20:21] Travis Ristow: I am off the soap box!

[20:21] Alyssya Vella: i know it was mentioned that this is an annual meeting.. but you seemed to be implying the wish for shareholders involvement and interest in the GROWTH of BBX (and now DRM)... did i misunderstand? will you be having more regular shareholder meetings? or with the board in place, do you feel this uneccessary?

[20:22] You: I will hold REGULAR Shareholder MTGS... This one was declared ANNUAL primarily for purposes of electing OFFICERS...

[20:23] You: I expect to meet with shareholders at least once per quarter...
[20:23] You: but you can ALWAYS IM me or post messages on the SL CapEx Forum... I troll That HOURLY

[20:23] Sully Okelly: lol
[20:23] Travis Ristow: I hate Trolls
[20:23] You: Ask Sully... ;-))
[20:23] Nathanael Westland: lol
[20:23] Sully Okelly: lol

[20:24] Alyssya Vella: OK, taking into consideration the announcement of the new DRM project and planned changes... do you think you might consider a meeting at perhaps a shorter interval from now?
[20:24] Alyssya Vella: (so we can all get a update after youve had a chance to get the ball rolling, and ask any additional queries then (i am SURE there will be many of them duriong this period)
[20:24] Alyssya Vella: *during

[20:25] You: I will host one additional meeting immediately following Formation of the DRM entity so that we have an opportunity to share ITS value proposition with potential NEW investors that may be solely interested in IT

[20:25] Alyssya Vella: perfect
[20:25] Alyssya Vella: thank you Bo

[20:26] You: Well... I hope this evening was informative and helpful. THANK YOU each for showing an interest in YOUR company...

[20:26] Travis Ristow: Thank you Bo
[20:26] Nathanael Westland: Thank you very much, Bo
[20:26] Yanik Lytton: thanks Bogart
[20:26] Scott Nestler: Thank you
[20:26] Kubi Beam: Thank you for the meeting, Bo.
[20:26] Alyssya Vella: Thank you for your time Bo, congrats to yourself, Travis and Kubi and best of luck with all
[20:26] Travis Ristow: Woot!!

[20:26] You: I think we've come a long way in a short time, but have miles to go... (someone famous said something like that somewhere... LOL)

[20:27] Nathanael Westland: they were probably walking

[20:27] You: With that I move for adjournment...
[20:27] Scott Nestler: Second

[20:27] You: thank you all for coming...

[20:28] Sully Okelly: Could someone notecard me the meeting please

[20:28] You: I will post a notecard with ALL Minutes within 48 Hours...
[20:28] Alyssya Vella: perfect
[20:28] Sully Okelly: fair enough, I just want to check you out Bo, lol

[20:29] You: Thanks Arb, Travis and Kubi... I understand 1.5 hours is a lot to ask of each of you

[20:29] Travis Ristow: Good night all, It is no problem at all Bo.

[20:29] Sully Okelly: Good night everyone and Merry Christmas/Happy Holidays

[20:29] Scott Nestler: Good Night All

MEETING ADJOURNED at 20:30 SLT - Tuesday, December 18, 2007

Submitted,

Bogart Beck
Chairman, BBX

in topic Bo Beck Group (BBX) Shareholder Meeting MINUTES - 12/18/2007 by Bogart Beck ]]> Tue, 01 Jan 2008 13:05:26 -0800 http://slcapex.com/forums/topic/BTR/1239/7026