Andrea Electronics (ANDR)

[Farsis]

The vote on the approval of the Andrea Electronics 2018 Equity Compensation Plan resulted in non-approval.

I honestly think that those who voted against dont fully realize what they did, what the consequences could be. Didnt they read the small print in the proxy statement;

“incentives and stock-based awards focus participants on the dual objectives of creating shareholder value and promoting the Company’s success”.
“the equity compensation plans like the 2018 Plan help to attract, retain and motivate valued employees, consultants and directors”.

By not approving this compensation plan those who voted against are responsible for this company not being able to create shareholder value. Also it could demotivate its directors.

Shame on those who voted against !