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Re: bh2614 post# 1185

Sunday, 05/11/2014 8:59:00 PM

Sunday, May 11, 2014 8:59:00 PM

Post# of 12131
Here it is:

PROPOSAL 2

AMENDMENT TO THE COMPANY’S CERTIFICATE OF INCORPORATION

TO INCREASE THE AUTHORIZED SHARES OF COMMON STOCK

The Board has voted to recommend to the stockholders that the Company amend its Certificate of Incorporation to increase the number of authorized shares of common stock from 150,000,000 to 250,000,000 shares.

The Company is currently authorized to issue 150,000,000 shares of common stock, $0.01 par value per share, of which 68,858,219 are issued and outstanding as of April 30, 2014 and an additional 40,546,763 are reserved for issuance as of such date. The following table reflects the number of authorized, outstanding, reserved and unreserved shares of common stock as of April 30, 2014:

THIS IS WHAT YOU GET TO VOTE ON. Of course the board wants you vote for this. I hope all of the big money votes against it. There should be a vote added to get rid of the CEO, not reward him again and again!
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