Saudi ownership of voting services company!.

[9215]

This is from some time ago. I wanted to know if anybody else knows more about this.

Saudi Link to LI Start-Up
http://www.newsday.com/business/ny-bzelec0227,0,2634964.story?coll=ny-business-headlines
By Mark Harrington


.....Election.com, a struggling Garden City start-up scheduled to provide online absentee ballots for U.S. military personnel in the 2004 federal election, has quietly sold controlling power to an investment group with ties to unnamed Saudi nationals, according to company correspondence.

In a letter sent to a select group of well-heeled Election.com investors Jan. 21, the online voting and voter registration company disclosed that the investment group Osan Ltd. paid $1.2 million to acquire 20 million preferred shares to control 51.6 percent of the voting power.

In a Newsday interview in October, Charles Smith, a representative of Osan who sits on Election.com's board, declined to name the Saudi Arabian investors with a stake in the company, other than to say they were "passive" and part of a larger group that included Americans and Europeans. Smith didn't return phone calls yesterday.......

[revree]

1. Might be able to find more on this at...

blackboxvoting.org, or votewatch.org. I've seen this report before, I think it was here on DU...keep it kicked.

[rockymountaindem]

2. I think they cancelled that plan.

I heard that they won't be using the internet for voting because it's too open to manipulation. Perhaps this is the reason why, although I don't know why the Bush administration wouldn't want the Saudis deciding who we should be voting for.