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Re: wheresthebeef123 post# 2917

Sunday, 04/21/2019 9:38:42 PM

Sunday, April 21, 2019 9:38:42 PM

Post# of 3322
ReplyTo wheresthebeef123. Proposal No 2., the Ratification of Accounting Firm, is a formality; I voted FOR. From the Audit Analytics Blog comes this:

The shareholder vote on auditor ratification is generally seen as a kind of formality: non-binding and routine. A recent analysis of the 6,373 shareholder votes filed between January 2012 and September 2013 seems to bear this out. On average, almost 98% of votes were cast in favor of auditor ratification.

Proposals No. 3 and No. 4 are not routine and imo, should be voted AGAINST. You can read my rationale here. Proposal No. 3 is especially deceptive for what the Proxy doesn't say.

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