Item 5.07 Submission of Matters to a Vote of Security Holders.

We held a special meeting of stockholders on January 3, 2020. We received proxies for 586,811,868 shares (approximately 86.5%) of our issued and outstanding shares of common stock, as of the record date of November 21, 2019. Our stockholders voted on the following proposals and the results of the voting are presented below. No other matter was presented for a vote of the stockholders.

Grant of Discretionary Authority to the Board of Directors to Effect a Reverse Stock Split

Our stockholders approved the grant of discretionary authority to our Board of Directors to amend our Certificate of Incorporation to effect a reverse stock split of our issued and outstanding common stock at a ratio within the range of 1-for-500 to 1-for-2000, as selected by our Board of Directors. There were no broker non-votes on this item.





    For       Against    Abstain
336,339,596 161,446,234 9,810,178




Adjournment of the Special Meeting

Our stockholders approved the adjournment of the special meeting, if necessary, to solicit additional proxies to vote in favor of the reverse stock split proposal. There were no broker non-votes on this item.





    For       Against     Abstain
342,301,715  155,283,573 10,010,720



As the reverse stock split proposal was approved, no adjournment of the special meeting was deemed necessary.

© Edgar Online, source Glimpses