Cytogenix (fka CYGX)

[hogger]

DO NOT VOTE ... DO NOT SEND IN YOUR PROXY ... If you vote, you will be contributing to attaining a quorum. If you withhold your vote, it is better than a NO vote because it reduces the possibility of a vote being legitimate.

You actually have more leverage by withholding the vote.

Example: If 51% of the stock is voted and 26% vote for the option giveaway and 25% vote against it, it will pass. If only 49.99% of the eligible shares are voted, it will not pass, no matter what the percentages are.

Normally management has had to get on the phone to get enough people to send in their proxies to reach a quorum.