At a typical AGM the chairman or CEO will offer up a slate of people for election to the board. This is sent to the shareholders via a circular with a proxy attached.

In the case of GNH there are 6 board members and there probably will be 6 names on the slate and you get to chose the slate?????? oh wait? .......What is an election if there are only 6 spots open and only 6 people who are on the ballot to vote for?

I think that is best described as a coronation.

Since we have 6 spots open......and assuming the 6 existing Board members wish to run for re-election, why can't we try a little experiment called "democracy"?

We could add Mr Hoover and Mr Takefeman to the list of potential directors and then we can let the shareholders vote for the persons' they feel most qualified to fill those positions? We could have 8 names on the ballot and the owners of the company could decide which 6, of the 8 running, they want governing the management of the company.

I'm would love to hear someone give me a sound reason why they would be afraid of a fair and democratic selection of people to act as representatives of a larger group?

If the owners of the company are not qualified to decide who governs it, then what in the world are we here for? If Mr Hoover has decided to add his name........ and if Mr. Takefman has decided to add his name, and if they can get 5% of the shareholders to endorse them, then I see no reason why we would have to add any new board positions? The 6 board members currently there, have the luxury of not having to have 5% of the shares qualify them for election, so they already have a huge advantage.

Let 8 names stand and let 6 remain

It's called democracy!

May the best man/woman win.

pc