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stockmama22

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stockmama22

Re: MDuffy post# 33565

Wednesday, 02/04/2015 2:46:02 PM

Wednesday, February 04, 2015 2:46:02 PM

Post# of 38564
So after reading through the proxy card, the 2nd part basically means that currently their articles of incorporation (company bylaws) state that in order for certain actions to be taken in the company (elect board of directors, mergers, etc) they must hold a shareholder's meeting and all shareholder's must vote. THIS amendment would allow them to NOT have to hold a shareholder's meeting every time they want to vote on something. (Essentially expediting business activities)
Hope that helps!
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