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CIMA7

10/17/14 10:22 AM

#60641 RE: Watts Watt #60640

Thank you very much for your answer to my question. That helps me a lot!
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darknight23

10/17/14 1:51 PM

#60668 RE: Watts Watt #60640

I spoke with Chung about this. He said he's going to talk to their lawyers to see if they can have a re-vote due to the lack of voting (or voting abstain) by their investment firms. He said they need to do a better job notifying them to vote.

I took down the voting stats:

Proposal 1 - 45M shares/54.1% voted yes
Proposal 2 - 51M shares/52.1% voted no
Proposal 3 - 49M shares/50.2% voted yes
Proposal 4 - 274M shares/77.8% voted yes

He said something about already having restricted (or unrestricted) shares but have a higher tax penalty than the shares they were trying to offer for vote

I also recall seeing Aspire reps as well as AAP Orthopedics there.