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Re: gophilipgo post# 211103

Thursday, 03/11/2010 11:13:16 AM

Thursday, March 11, 2010 11:13:16 AM

Post# of 326352
I beieve Poptech is right. I went through something similar with ljpc http://www.sec.gov/Archives/edgar/data/920465/000095012309056183/c91740defa14a.htm Approximately ninety-three percent (93%) of the Company’s stockholders failed to return their proxy cards or otherwise indicate their votes with respect to this proposal prior to the start of the stockholders meeting. To pass, this proposal must be approved by holders of at least a majority of the Company’s outstanding voting shares, and as a result, abstentions and broker non-votes have the same effect as votes against the proposal.