D.L. Cromwell, LLC, Along with Group of Investors, Requests Special Meeting of Pallet Management Systems Inc. to Replace Board.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Oct. 2, 2001 D.L. Cromwell, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and a group of investors led by David Davidson, owning in excess of 10% of the outstanding common stock of Pallet Management Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PALTE), has delivered notice to the company requesting the board of directors to call a special meeting of shareholders for the purpose of electing new directors to the board. The notice requested that a meeting be held by November 15, 2001. The shareholders intend to file proxy materials Proxy Materials Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other listing a new slate of directors if the company does not propose new directors satisfactory to the shareholders. |
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