Replies to post #233090 on Avid Bioservices Inc (CDMO)

[InternetForumUser]

I was in the same dilemma as yourself. I believe if you don't Vote, the Brokerage Firms will VOTE YES for all Proposals which are classified as ROUTINE. This is the one reason, I stated it is technically an automatic YES VOTE.

I think Management is counting on most shareholders not voting, which has been the way in the past years.

Someone else can chime in if they want to clarify.

[BCS Paladin]

What am I missing?

You are missing NOTHING

You are CORRECT

[DewDiligence]

What am I missing?

If necessary, PPHM could adjourn the annual meeting, leaving the voting open on proposal #3 until enough broker non-votes are converted into yes votes (#msg-116561573).