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tdbowieknife

01/20/20 8:05 AM

#37128 RE: PTS #37126

It doesn't take this long unless they want it too.

The guy sounds clueless as to how these things work. A NOBO list does not give a true count on the number of investors. There is also an OBO list.

Beneficial shareholders are broken up into two categories, Objecting Beneficial Owners (OBOs) and Non-Objecting Beneficial Owners (NOBOs).
Per SEC Rules 14b-1 & 14b-2, a NOBO list shows the beneficial owners that do not object to the issuer knowing their name, mailing address and share amount. E-mail addresses and telephone numbers are not included on the list.

Broadridge can produce a list of all NOBOs for a given record date in several different media formats, including paper copy, CD-ROM, and peel and stick labels. The record date of the request must be at least two or more business days in the future from the date you fax/e-mail your request. It will take an additional five business days from the record date for you to receive your list.

Prior to the release of any NOBO list, Broadridge will verify the request with an officer of the company. If the confirmation could not be made with the company’s officer, the NOBO list will be generated, but not shipped. The issuer will not be billed for the list until we are able to make our confirmation and the list is shipped.
If the issuer cancels the request after the record date, the company will be charged for the full cost of the NOBO. In addition, if there is an open billing inquiry on your account, your list may be held pending confirmation from our Collections Department. A request form has been included on page 33 for you to use.

TIP: A NOBO list is not a required report and is not needed to set up a job for a proxy campaign. All mailings to OBOs must be done by Broadridge.


https://materials.proxyvote.com/Approved/EPLST1/20100210/OTHER_52009/PDF/broadridge-cis2010_0039.pdf

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Warning!!
Massive dilution on the way


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Rose101

01/20/20 4:41 PM

#37131 RE: PTS #37126

How do they determine which shareholders are on the NOBO list? Don't they need to contact the shareholders to see which list they would be added to? Has anyone contacted you on that?
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krayzo1138

01/23/20 10:02 AM

#37171 RE: PTS #37126

They should still post an update on their site. They gave the expectation that updates will be given in the new year.


Requiring patience but not communicating or being transparent is disappointing.

Anyway, will remain patient (as there is not much of a choice).