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skitahoe

11/26/22 2:19 AM

#538888 RE: Horseb4CarT #538878

Great post,

I don't know that they couldn't have the Annual Meeting before XMAS, but in that they must gather a majority of all shareholders, taking as much time as they could may be wise.

I would hope that investors realize that a positive vote is in you own best interest. If you fail to vote your proxies and they fail to get the count they need, all they can do is put off the vote further, and perhaps further delay the meeting. Additional shares authorized are required to be financially viable, even if we had approvals today they'd be needed to support the growth of the company.

I suspect it will be a few days before we'll be notified by our brokerages that we can vote the proxy, hopefully the brokerages will make it as simple as using a link available on their website. I'll admit that in the past I've not always voted, but this time I believe it's far more meaningful as a failure to do so goes down as a no vote even though no vote was cast if posters here are correct about that.

Gary

ahp123

11/26/22 2:26 AM

#538890 RE: Horseb4CarT #538878

there is a flaw in your assumption and argumentation. Linda Powers does not have the same interest in making the stock rise in the same way that retail has. Any reasonable investor will want to reduce his risk by seeing a steady increase in the real value of his investment at any given time. Linda P, on the other hand, wants to keep the share price down, as her warrants then get a much cheaper acquisition price. The endgame may be the same, but since Linda is sitting on a lot of knowledge that the ordinary shareholder does not have, the path towards the endgoal is very different comparing, what Linda wants, to what a reasonable shareholder wants.
Hope most people are aware of this difference when investing in biotech and start-up tech companies.