Level of ignorance on the board is astounding, if people want to make comments about profits and financial performance of said company, the information is all out there for them to read and educate themselves before they start making fools of themselves...

@monte

Following that, Jack Thompson is involved in a lawsuit against Take-Two over a matter that has very little to do with what the meeting is about. If the shareholders are unaware that Take Two owns Rockstar and thus publishes GTA, Manhunt, Bully etc. then they are complete idiots. Asumming they aren't idiots they would know about the controversal games take-two publishes, and if that offended them or made them weary of getting shares in take-two they would've ssold them a long time ago. Therefore hearing jack thompson's mindless rants won't change any of their minds.


Taking it a step further if Jack succeeds with the lawsuit it will undoubtedly mean big losses for Take Two and thus lower stock shares. Why should a man who is attempting to destroy the company be allowed any say on how said company should handle losses?

Also if take two has to sell out, i guarantee Sony or Microsoft (maybe even nintendo), would but ouy Take Two (or at least rockstar) without a second thought.

"Actually, the way i see it, the impotance of share holders should be directly related to how many shares they have in the company."

The such a wonderful typo... when it comes to Take Two, JT really is impotent.

Really, JT has every right to speak at this meeting. As a shareholder, his "opinion" is as important as any other T2 shareholder.

Whether or not anybody listens to him is a completely different story. There will be alot of chuckles, that's for sure.

That just occured to me. Thompson is a shareholder in a company which allegedly is embroiled in a vast conspiracy against....Thompson...

Surely that should be brought up as exhibit 296 in the list of reasons why this man is crazy.

The only thing I'm worried about is that Jack speaking up will make anybody who makes any kind of common cause with him (in this case, the dissatisfied stockholders) look tainted by association...

GoodRobot you explained it better than I could have.

From the way I'm reading it, a lot of that money was lost settling up the problems involved with the Share-sales scam. It was settled out of court, so I don't know the figures involved, but I suspect a great deal of investors had to be refunded money in order to balance up the books.

That's always the problems with scams like that, it's like trying to fix a dam by moving other bricks in the dam, and suddenly realising that now money is just gushing from a different hole. In a way, I'm glad that Take Two's management got caught out, for two reasons, one, I don't like rich people who have to lie and manipulate to get richer, whether that is a paranoid lawyer or the manager of a game studio, and, two, it actually, finally means that they can plug up the leak and, hopefully, start to get themselves on the road to recovery.

Ironically enough, much of that recovery depends on GTA 4, hence the lawsuit, I don't think this was done out of spite by T2, I think it was actually done to show the shareholders that the lynchpin of restoring T2's reputation professionally and financially is going to be protected, the shareholders will continue to want that dedication to protecting their investment regardless of who is in charge.

Finally, with regards to JT, I wonder where things stand as far as having someone at the Shareholder meeting who is levelling criminal charges at them, we're not talking about someone with a financial or civil suit, the Organised Crime claim it a very serious criminal charge, I'm not certain it would actually be legally appropriate for Jack to attend, though I'm by no means certain on that.

I'm sure that the shareholders of TT would just love to waste time listening to a man who wants to destroy the company they are trying to make profitable.

I still would love to know where the hell all the $$ GTA sales produced went. How can you have one of the top franchises in gaming and not turn a profit, let alone break even?

I got a few bucks can I have take-two?