Item 5.03. Amendments To Articles Of Incorporation Or Bylaws; Change In Fiscal Year.
As more fully set forth in Item 5.07, on
Item 5.07 Submission of Matters to a Vote of Security Holders
On
Proposal 1: Approval of an amendment to the Company's Articles of Incorporation to increase the number of its authorized shares to 300,000,000 shares of common stock. % Votes For % Votes For (Based on (Based on Votes Votes Total Proxy Total Shares Votes For Against Abstain Shares) Voted) 48,733,428 1,218,699 0 63.83 % 97.51 %
The vote required to approve this proposal was the affirmative vote of a majority of shares represented at the meeting. Accordingly, this proposal was approved.
Proposal 2: To approve a proposal for the adjournment of the Special Meeting to solicit additional proxies, if there are insufficient proxies at the Special Meeting to approve Proposal 1.
% Votes For % Votes For (Based on (Based on Votes Votes Total Proxy Total Shares Votes For Against Abstain Shares) Voted) 48,713,625 1,228,399 10,103 63.80 % 97.47 %
The vote required to approve this proposal was the affirmative vote of a majority of shares represented at the meeting. Accordingly, this proposal was approved. However, since Proposal 1 above was approved, such action on this Proposal 2 is not required.
Proposal 3: To transact such other business as may properly come before the Special Meeting, including to consider any procedural matters incident to the conduct of the Special Meeting, such as the postponement of the Special Meeting in order to solicit additional proxies to vote in favor of the matters presented at the Special Meeting.
% Votes For % Votes For (Based on (Based on Votes Votes Total Proxy Total Shares Votes For Against Abstain Shares) Voted) 48,663,939 1,302,487 13,603 63.74 % 97.37 %
The vote required to approve this proposal was the affirmative vote of a majority of shares represented at the meeting. Accordingly, this proposal was approved. There was no other business that was properly brought before the Special Meeting.
Item 9.01 Financial Statements And Exhibits
(a) Exhibits Number Description 3.1 Certificate of Amendment to Articles of Incorporation
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