Anavex Life Sciences Corp (AVXL)

[nobrainerstocks]

Thing to note:

Page 21

“Please note that the creation of the blank-check preferred stock has not been proposed by the Board for an anti-takeover related purpose and the Board has no knowledge of any current efforts to obtain control of the Company or to effect large accumulations of our voting stock.“

And below proposal 2 they state:

“The Board’s desire to adopt the Shareholder Rights Plan is not in response to or in anticipation of any pending or threatened take-over bid, nor to generally deter take-over bids.”


http://secfilings.nasdaq.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHTML1?ID=11922725&SessionID=KJXUqzrwwZkNa41#S105533_DEF14A_HTM_A_016


Not a poison pill then methinks.