In order to hold a shareholder meeting Solv-Ex will have to file a proxy statement with the Securities and Exchange Commission. All of these transactions have been abnormal. Mr. Williams has been closely associated with Mr. Samuel A. Francis, who is Solv-Ex's founder. The events covered in the criminal indictment dated as far back as February 21, 1977. Short selling involves a risk not associated with the purchase of stock including, but not only limited to, unlimited loss and stock borrowing risks.
Additional information is available upon request.