16th Annual General Meeting Specifics
Space Environment Corporation held their
Annual General Meeting in November, 2002 -- one month late again.
It was called to order 20 minutes late
due to a late arrival of Vince Eccles and the Mr. Coffee machine. The
Company Officers stood around Mr. Coffee in a stony silence
until the first brew hit their lips.
Everyone commented on the high quality danish and bagels provided
by J. J. Sojka and Einstein Brothers Bagels. Dr. Sojka accepted full
responsibility and credit.
The first important topic in 5 years was discussed at this general
meeting. Why did SEC skip the Annual Yellowstone Snowmobile Boondoggle
this year? The Company Officers shrugged then offered weak excuses about
recent corporate governance improvements.
During the Board Meeting the Company Officers were nearly replaced
during a share holder revolt for the lack of
leadership in boondoggles.* The revolt was turned back
and the Company Officers promised to plan future Boondoggles.
(*Note: The share holders are the same as the Company Officers.)