I have the letter in my OptionsXpress inbox stating a 1:150 ratio of shares for RS. There will be a meeting on 1/27/2010 to vote on this in Kalama, or voting can be done by proxy if complete by 1/26/2012. I have an e-ballot available to me in my optionsxpress inbox. Looks like one vote per capital share.
Looks like a new topic to be considered by longs on this board is how the voting should go.
Pros and cons of this action.
Also, why are we given this ballot? I did not realize I had any voting rights with my shares. Can the management send a corporate action such as this to a vote by the people?
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