Finjan Holdings Inc (FNJN)

[Det_Robert_Thorne]

8-K Out. All proposals passed. Figured they would.

Not even close.

On June 8, 2012, Converted Organics Inc. (the "Company") held its Annual Meeting of Shareholders (the "Meeting") at the Millennium Bostonian Hotel in Boston, MA. At the Meeting, the Company's shareholders approved the following matters:

• Edward Gildea is elected to the Board of Directors (29,960,904 FOR and 5,329,369 WITHHELD);

• MFA, LLP has been ratified as the Company's independent public accountant for the year ending December 31, 2012 (134,005,112 FOR, 274,782 AGAINST and 2,940,194 ABSTENTIONS);

• The Board of Directors has been authorized to implement a reverse stock split in its discretion until June 8, 2013, in such ratios as approved by the shareholders (101,000,509 FOR, 36,134,721 AGAINST and 84,858 ABSTENTIONS);

• The Board of Directors has been authorized to abandon the reverse split (132,204,327 FOR, 4,529,834 AGAINST and 485,927 ABSTENTIONS); and

• The Company has been authorized to amend its Certificate of Incorporation to increase the number of authorized shares of common stock from 500,000,000 to 1,000,000,000 (102,772,135 FOR, 32,238,883 AGAINST and 2,209,070 ABSTENTIONS).

http://edgar.sec.gov/Archives/edgar/data/1366340/000129993312001441/htm_45325.htm

So Gildea gets reelected, the option to reverse is passed, as did the option to abandon the reverse if BOD decides it's best.

With the number of Authorized shares increased to 1B, they probably won't need to implement the reverse for awhile, and if VRNG pays off big, they might not have to do a reverse at all.