Item 5.07 Submission of Matters to a Vote of Securities Holders.
The Company's stockholders voted on six proposals at the Annual Meeting, which
are listed below and are described in greater detail in the Company's definitive
proxy statement, as filed with the
The six proposals presented to the Company's stockholders at the Annual Meeting and the voting results for such proposals are as follows:
1. Election of Directors. Each of the four nominees for director, as listed in the Definitive Proxy Statement, was elected by the Company stockholders to serve until the 2022 Annual Meeting of Stockholders. The voting results were as follows:
For Against or Withheld Robin Eves 124,477,183 14,078,759 Aiden Neary 113,654,892 24,901,050 Tom Shreve 126,028,161 12,527,781
2. Advisory Vote on Executive Compensation ("Say-on-Pay"). The compensation of the Company's named executive officers was approved by the Company's stockholders, on a non-binding, advisory basis, having received the following votes:
For Against Abstentions Broker Non-Votes 112,165,041 19,157,255 7,233,646 86,423,663
3. Advisory Vote on Frequency of Stockholder Advisory Vote on Compensation ("Say-on Pay Frequency"). The Company's stockholders approved, on a non-binding, advisory basis, to have an annual advisory vote on executive compensation of named executive officers. The voting results of this proposal were as follows:
One Year Two Years Three Years Abstentions Broker Non-Votes 118,955,912 6,257,656 5,672,093 7,233,646 86,423,663
4. Ratification of Independent Auditor. The appointment of
For Against Abstentions 212,921,802 2,278,759 9,779,044
5. To effect a reverse spilt of common stock. Amendment to the company's articles of incorporation to effect a reverse stock split of our common stock at a specific ratio within a range of from 1 for 25 to 1 for 100 and to grant authorization to the board of directors to determine, at its discretion, the timing and the specific ratio of the reverse split;
For Against Abstentions 187,496,695 22,363,975 15,118,935
6. To effect a change to the company name. Amendment to the company's articles of incorporation to change the name of the company and to grant authorization to the board of directors to determine, at its discretion, the new name of the company and the timing of the name change;
For Against Abstentions 213,103,302 4,135,073 7,741,230
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