FAB Universal Corp. (fka FABU)

[steeledge]

Yes, the vote passed! reverse will occur on 2/22.
one has to wonder how soon (or coincident with?) after 2/22 the FAB deal closes. The finish line is near, one way or another.

http://biz.yahoo.com/e/120209/wze8-k.html


Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On February 8, 2012, Wizzard Software Corporation, a Colorado corporation (the "Company"), filed with the Colorado Secretary of State Articles of Amendment with respect to the 1-for-12 reverse split of the issued and outstanding shares of the Company's common stock, with all fractional shares that would otherwise result from such reverse split to be rounded up to the nearest whole share (the "Reverse Split"). The Reverse Split will be effective at the close of business on February 22, 2012.



Item 5.07 Submission of Matters to a Vote of Security Holders.

On February 8, 2012, the Company held a special meeting of its common stockholders (the "Special Meeting"). A total of 86,638,399 shares of the Company's common stock, representing 89% of the total outstanding shares and a quorum, were represented at the meeting in person or by proxy. A total of 82,228,912 (95%) of these shares were voted in favor of the proposal to amend the Company's Articles of Incorporation to effectuate the Reverse Split. A total of 4,318,990 (5%) shares voted against the proposal, with 90,497 shares abstaining and no broker non-votes. These figures represent the final voting results on the proposal submitted to a vote of the Company's common stockholders at the Special Meeting.