<<< Non votes means they did not mail in or cast their votes online >>>
Do you know that for sure, Soly? I have heard that too, but I have been told by a friend that this is not the case, that the non-votes are only those where a proxy has been returned and the shareholder elected not to vote on an issue, one of the 4 choices given to the shareholder on the proxy form :
"There are four categories of votes: For, Against, Abstain, and Not Voted (these votes are automatically voted by management). If an investor is unsure about an issue it is best to abstain as these votes are not cast either for, or against a vote and are not counted in the final tally.
Also:
"The securities represented by this proxy will be voted as directed by the holder, however, if such a direction is not made in respect of any matter, this proxy will be voted as recommended by Management."
Notice it says this proxy will be voted. It doesn't say they could vote those shares where the proxy was not returned.... you may be right, but just wondering .......
