new 8-K out delayed shareholders meeting looks like they do not have votes need to screw the shareholders again.
EXPLANATORY NOTE:
On May 18, 2017, Uni-Pixel, Inc. issued a press release announcing that its annual meeting of stockholders has been recessed until 9:00 am Pacific time, on Tuesday, May 23, 2017. A copy of the press release is included below.
UniPixel, Inc. Recesses Annual Meeting Until May 23, 2017
For Immediate Release
Contact:
Joe Diaz, Robert Blum, Joe Dorame
Lytham Partners, LLC
602-889-9700
unxl@lythampartners.com
Santa Clara, CA – May 18, 2017 – UniPixel, Inc. (Nasdaq: UNXL) today announced that its Annual Meeting of Stockholders has been recessed to provide stockholders additional time to consider the proposals outlined in the Company’s proxy materials, including information regarding “Authorized Share Failures” under warrants issued in November 2015 for which there are currently an inadequate number of authorized shares available in the amount of almost 15 million shares to issue shares upon exercise of such warrants in their entirety, cast votes, and to ensure accurate tabulation of those votes. The Annual Meeting will reconvene at 9:00 am Pacific time on May 23, 2017 at the corporate office of UniPixel at 4699 Old Ironsides Drive, Suite 300, Santa Clara, California, 95054. Polls will remain open and votes will be accepted on the proposals until 9:17 a.m. Pacific time on Tuesday, May 23, 2017.
UniPixel’s Board of Directors continues to recommend that all UniPixel stockholders approve each proposal presented at the Annual Meeting. UniPixel stockholders of record at the close of business on March 23, 2017 are entitled to vote at the Annual Meeting.
If stockholders have already voted against any proposal, they have every right and the ability to change their vote, in order to vote in favor of the proposals.
