Replies to post #17788 on Protagenic Therapeutics Inc. (PTIX)

[StockBang]

I don't have the time tonight to go look into that, but I believe it has been addressed before. Common has the same voting rights. Unless I am mistaken.

It was brought up and had a lengthy discussion sometime in the past two weeks.

[Old Hillbilly]

Q: Who may vote at the Annual Meeting?
A: Our Common Stock is the only class of voting shares. Only those stockholders who owned Common Stock at the close of business on the Record Date, which was [________], are entitled to vote at the Annual Meeting. At the close of business on the Record Date, we had [__________] shares of Common Stock outstanding entitled to cast a vote on the proposals presented in this Proxy Statement, which were held by [_____] stockholders of record.
Q: How many votes do I have?
A: Atrinsic stockholders have one vote for each share of Common Stock owned on the Record Date on each matter properly brought before the Annual Meeting and at any adjournment or postponement of the meeting.
Q: How many votes may be cast by all stockholders?
A: As of the close of business on [________], [________] shares of our Common Stock were outstanding and each share is entitled to one vote on each matter properly brought before the Annual Meeting and at any adjournment or postponement of the meeting.

http://www.sec.gov/Archives/edgar/data/1022899/000114420411053345/v234227_pre14a.htm
http://www.sec.gov/Archives/edgar/data/1022899/000114420411053345/0001144204-11-053345-index.htm

PRELIMININARY PROXY STATEMENT
SCHEDULE 14A
Period of Report
2011-09-15

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To Be Held on [_________]

To the Stockholders of Atrinsic, Inc.:

The 2011 Annual Meeting of Stockholders of Atrinsic, Inc. will be held at Atrinsic’s head office located at 469 7th Avenue, 10th Floor, New York, NY 10018 on [_________], [_______], 2011 at [______] Eastern Time, for the following purposes:
1. To elect five members of the Board of Directors named in the attached Proxy Statement as directors for a term of one year, and until their successors are duly elected and qualified;
2. To approve the issuance of 1,781,416 shares of our Common Stock to Brilliant Digital Entertainment, Inc. in connection with the Company’s acquisition from Brilliant Digital Entertainment, Inc. of certain assets relating to its Kazaa music service;
3. To approve the issuance of 20% or more of our Common Stock upon the conversion of Senior Secured Convertible Notes and Warrants issued in our May 31, 2011 financing;
4. To approve the issuance of 20% or more of our Common Stock to Brilliant Digital Entertainment, Inc. upon the conversion of Senior Secured Convertible Notes and Warrants issued in our May 31, 2011 financing;
5. To approve an amendment to our 2009 Stock Incentive Plan;
6. To approve the issuance of up to $30 million worth of shares of our Common Stock and/or securities convertible into or exercisable for Common Stock, not to exceed 6,000,000 shares, in one or more related private placement transactions occurring on or prior to the date six months after the Annual Meeting, which shares would be issued at a maximum discount to the then fair market value of our Common Stock on the date(s) of issuance of 25%;
7. To amend our certificate of incorporation to change our name to Kazaa Entertainment, Inc.;
8. To ratify the selection of KPMG, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2011; and
9. To transact such other business as may properly come before the meeting or any adjournments or postponements thereof.

The Board of Directors has fixed the close of business on [_________] as the record date for determination of stockholders entitled to notice of, and to vote at, the meeting and any of its adjournments or postponements. We anticipate that the Proxy Statement and enclosed proxy will first be mailed or given to our stockholders on or about [__________].

You are cordially invited to attend the Annual Meeting in person. However, you must be a stockholder of record at the close of business on [_________] to vote at the meeting. If your shares are held in street name, you must obtain a Proxy, executed in your favor, from the holder of record in order to be able to vote at the Annual Meeting. Regardless of whether or not you will attend, please mark, date, sign and return the enclosed proxy.


By Order of the Board of Directors
/s/ Jerry Chazen

Jerry Chazen
Chairman of the Board

I wonder what was the outcome of the vote?????