InvestorsHub Logo
Followers 37
Posts 6504
Boards Moderated 3
Alias Born 05/06/2014

Re: Myth post# 92489

Friday, 04/10/2015 11:05:32 AM

Friday, April 10, 2015 11:05:32 AM

Post# of 105534
I know you can change a proxy vote as long it is within the deadline, which I think was 11:59 AM 4/9/2015. Stockholders who voted for the a/s may feel CBAI may not need so many shares. Since the announcement came after the deadline, that would not be fair to the ones who already voted. Looks to me the addition a/s should be changed to an increase of 500,000,000 bringing the total to 1.5 billion (PFD may be convertible, trying to find out if they are).

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.