Re: [mosig] [ossig] MOSIG: Formation of Company - Inaugural Meeting 17th July 2004

[BIGrat <tikus.besar@xxxxxxxxx>]

there appears to be some presense of paranoia ;-) and not to mention
too much of wood that hides the forest! ;-)

On Thu, 15 Jul 2004 22:38:53 +0800, Tze-Meng Tan <tmtan@opensos.net> wrote:
> Hi Molly
> 
> On Jul 14, 2004, at 14:07, Molly Cheah wrote:
> > I had explained the mechanism during the 1st meeting before it was
> > agreed that we work on the MOSSIG version of the Shareholders
> > collective agreement document. Here are the steps:
> 
> The first "meeting" was not a formal affair, it was very clearly termed
> a "brainstorming session" - the key point of that session was whether
> to form an association, company, co-op or whatever entity ... obviously
> company was chosen .... it was an *ideas* session, not a decision
> making meeting, thats what brainstorming means
> 
> Anyway
> 
> I was under the impression that during the first "brainstorming
> session" that someone would scan and OCR the document (thanks Jason)
> then the document is distributed to interested parties to read through
> and comment on. The WG was formed to start work on cleaning up the
> document - not finalise it for acceptance. It seems like anyone who
> couldn't make it to the first WG meeting is excluded from the process
> of creating this document, why, I mean thanks to the 5 of you who made
> the time for this but why exclude everyone else, its like there is
> something to hide, this is especially true when you are trying to get
> this document accepted by forcing it through a single meeting .... an
> *18* page legal document, not seen by the original WG, put up for
> acceptance in the very first meeting ? Does this make sense ?
> 
> > 1. Acceptance of the content of the shareholders collective agreement
> > document by those who want to buy shares into this company.
> 
> unless we look at the document, how are we going to accept it.....hmm
> .... I don't like the idea of rushing through the document on the 17th
> to reach an acceptance decision ... if anything it should be everyone
> attending take a copy back to study .... I for one want *my* lawyer to
> have to look through it since Legalese might as well be Greek to me...
> once my lawyer has given me the feedback, then and only then will I be
> in a position to accept or suggest changes or decline ... this need
> time, not during the 17th meeting ... sorry, no disrespect intended to
> Ammar's mum, (thanks btw), but I'm an Open Source Advocate .... More
> Eyes On The Code Means More Bugs Are Found, Better Code Can Be Written
> ... same principle applies to *any* document
> 
> > 2. Incorporation of a RM2 company by 2 people. The company will
> > contain clauses which refers specifically to accepting others based on
> > the collective agreement.
> 
> why is this step necessary, if on the 17th all 8 people agree why
> should we go for the minimum 2? This was not agreed on in the first
> brainstorming session, the meeting on the 17th was supposed to be the
> *real* meeting to decide on how to do, not the brainstorming session
> 
> > 3. Those who want to buy shares into the company  has to pay up and
> > commit by signing up in the signing page/schedule1 which will then be
> > part of the collective agreement document.
> 
> yes but like I said, I want *my* lawyer to look at it first.
> 
> > 4. An AGM is called and only those who had paid and signed up will be
> > able to attend this shareholders meeting. The business of the AGM will
> > include election of directors, incorporating the contents of the
> > agreement into the M&A of the RM2 company etc etc etc.
> 
> this is getting ahead, we haven't even formally decided on a course of
> action, I will repeat, ad nauseam if necessary, the first session was a
> brainstorming session
> no decision was made on details - especially when people were barred
> from attending the session for reasons unknown - from what I understand
> purely personal reasons
> 
> 
> 
> 
> ---------------------------------------------------------
> To unsubscribe: send mail to ossig-request@mncc.com.my
> with "unsubscribe ossig" in the body of the message
> 
>


---------------------------------------------------------
To unsubscribe: send mail to ossig-request@mncc.com.my
with "unsubscribe ossig" in the body of the message