I am guessing that the fine print in the proxy statement says something to the effect, in case there is not a quorum, all votes agree to rescheduling the vote at a later date. And this also explains the phone calls, which were a first for me, reminding/encouraging return of the proxy statements and/or voting over the phone. I wonder if an institutional investor could be holding the company hostage with their votes as leverage for something else? IMO, very bad if this vote does not go the way the company wants it to go.