Replies to post #47910 on Genta, Inc (fka GNTAQ)

[GregoryM]

They'll take it, then slap you across the head till you buy more shares.
They do splits way to often. I wish the SEC only allowed 1 split/revers per year or maybe every 2 years.
I've never owned a stock that did a split or revers that did'nt cost me a fortune.
100 Billion. Try counting that with your fingers and see how long it takes to get carpal tunnel.

I hope everyone does their DD and can somehow make some money here.

Everyone have a merry new year and don't drink and drive.

Greg

[ErnieBilco]

Looks like I got next years losses locked up with this POS.

[Talc Moan]

29-Dec-2010

Submission of Matters to a Vote of Security Holders



Item 5.07 Submission of Matters to a Vote of Security Holders.
Genta Incorporated, (the Company), held a Special Meeting of Stockholders on December 29, 2010. The stockholders voted on the following matters:

Proposal 1. To authorize our Board of Directors to effect up to two reverse stock splits of our outstanding Common Stock, with each reverse stock split having a ratio ranging from 1-for-2 up to 1-for-100, until December 31, 2011.

Stockholders provided authorization to our Board of Directors to effect up to two reverse stock splits of our outstanding shares as more than 50% of the outstanding shares of the Company were voted for this proposal


For 97,714,082
Against 12,748,341
Abstain 231,281




Proposal 2. To approve an amendment to the Company's Restated Certificate of Incorporation, as amended, to increase the total number of authorized shares of capital stock available for issuance from 6,005,000,000, consisting of 6,000,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock to 100,005,000,000, consisting of 100,000,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock.

Stockholders provided authorization to our Board of Directors to increase the total number of authorized shares of capital stock available for issuance as more than 50% of the outstanding shares of the Company were voted for this proposal

For 98,918,985 Against 11,563,939 Abstain 210,780