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Re: naturalborninvestor post# 34927

Thursday, 10/25/2018 1:21:00 PM

Thursday, October 25, 2018 1:21:00 PM

Post# of 52224
@naturalborninvestor - Exactly! The key is in the word "submit". If you don't submit the proxy, there is no automatic vote for or against. It is simply treated as a non-vote. As such, it also does not count towards the total number of votes present needed to make a quorum. I've seen cases in the past where a vote had to be re-convened because there were not enough shares represented to constitute a quorum.