Replies to post #233088 on Avid Bioservices Inc (CDMO)

[tradero]

IFU thanks for your reply... but I dont agree with you yet.
I dont know how they treated ROUTINE votes last year. But this year they say rather the opposite

From the Proxy:

Proposal No. 3 - Amendment to our certificate of incorporation to increase the authorized number of shares of common stock. The shares of common stock voted “for” the amendment to our certificate of incorporation, as amended, must equal or exceed a majority of the outstanding shares entitled to vote thereon. Abstentions and broker non-votes are counted as votes “against” this proposal.

If as you say... if I dont vote my vote will be considered as Broker NON vote... my vote then will be against the proposal. Right?

What am I missing?