Ayala Pharmaceuticals Inc (ADXS)

[ignatiusrielly35]

In most cases any shareholder can propose a board member nominee for election. Obviously it's a waste of time unless a big fish proposes one. So if you want to change the board you have to hope that tutes do it, or convince them to do it. Usually they don't bother to propose someone formally and then see what happens. They simply contact the company and tell them that they want board representation or else they will either sell their stock or initiate a proxy fight and throw the bums out, including management.