...will direct the company in a manner that will be the most beneficial to shareholder, customer and employee interests.
New York, NY (PRWEB) December 17, 2009
The independent shareholders of On2 Technologies who are opposed to selling the company to Google for the current offer of $.60/share have gathered information for a Form 13-D filing and plan to call for a special shareholders meeting shortly after the the vote this Friday, December 18, 2009. This effort will be focused in searching for a highly qualified CEO and electing to the Board of Directors key personnel that have extensive experience with On2's products and markets who will direct the company in a manner that will be the most beneficial to shareholder, customer and employee interests. In this regard, several individuals have been contacted who have expressed interest in serving in some capacity on the new management team. An example is On2's past CEO Bill Joll, currently President of Velocitude, LLC, who said he would consider serving on the board in the event a new board is formulated.