Monday, June 22, 2009

"FAIL" proxy notice for annual meeting

Proxy notice for annual meeting= "FAIL".
Another item i caught, there were a lot of notices all over the building reminding of the annual meeting. In the elevator,laundry room, mailboxes, both entrance doors. I never so so many notices reminded of the meeting. There didn't seem to be a contested election, no one had listed themselves as running in opposition. However the wording on the memo from from barhite and holzinger office was incorrect and indicative of trying to control the voting.
In the memo B and H stated to give your proxy to a board member if you were unable to attend the meeting.
the correct wording is give your proxy to a "shareholder".
I picked up on it right away, since i had read the last twenty plus years of proxy notices.