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Re: None

Friday, 02/06/2009 11:09:54 AM

Friday, February 06, 2009 11:09:54 AM

Post# of 8201
According to my count, 172,890,007 million shares have traded since July,25 2008. According to the Ibox as of July 10, there were 174,040,411 shares outstanding. Just wondering if there is any real chance to pass the proxy with so many shares no longer available to be counted. I'm sure quite a few of those shares traded since the date of record have been turned over and maybe several times. If one assumes that 50% of the volume has been removed from the voting shares how could the vote pass?

If I had a position in a company that I had sold out of last year and was contacted to vote for an increase in AS, not sure I would be willing to give them a yes vote as if I had confidence in the company, I would not have sold my shares in the first place.

Just thinking out loud any input would be appreciated. TIA

http://ih.advfn.com/p.php?pid=historical&cb=1233936511&symbol=NB%5EBIPH


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