InvestorsHub Logo
Followers 23
Posts 1330
Boards Moderated 1
Alias Born 09/25/2018

Re: CogDiss 1188X post# 206033

Monday, 12/31/2018 2:55:55 AM

Monday, December 31, 2018 2:55:55 AM

Post# of 693681
CogDiss, did you see the proxy material for the votes last spring? We already have an example of the Preferred voting as a separate class.

https://www.sec.gov/Archives/edgar/data/1072379/000114420418019780/tv490474-def14a.htm

The line that led to my speculation is "In addition, the holders of Preferred Stock will also be entitled to vote as a separate class with respect to Proposal No. 2, as described herein."

Proposal 2 was to increase the authorization of Preferred shares.

In most cases, the Preferred votes with the Common, and each Preferred class designated so far gets 10 votes. I do not know the Articles of Incorporation or the legal docs for the Preferred well enough to provide an answer on what votes are exceptions.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News