InvestorsHub Logo
Followers 0
Posts 14155
Boards Moderated 1
Alias Born 12/04/2005

Re: None

Thursday, 11/08/2007 10:36:50 AM

Thursday, November 08, 2007 10:36:50 AM

Post# of 8469
it's my understanding from this website:
http://delcode.delaware.gov/title8/c001/sc07/index.shtml#TopOfPage).
That DMTN is using this process for the proxy vote:

Shareholders may attend the special meeting if they are listed as shareholders of record at the close of business on November 14, 2007 and bring proof of identification. If they hold their shares through a broker or other nominee, they will need to provide satisfactory proof of share ownership, which will be described in the proxy materials.

The Company is subject to the Delaware General Corporation Law, which requires that notice of a special shareholder meeting “shall be given not less than 10 nor more than 60 days before the date of the meeting to each stockholder entitled to vote at such meeting. If mailed, notice is given when deposited in the United States mail, postage prepaid, directed to the stockholder at such stockholder's address as it appears on the records of the corporation.”

It appears to me that he is using the shortest time possible given the rules as I read them and the fact that we have US Thanksgiving, Christmas Holidays etc etc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.