Re: The Shareholders meeting...SUNPOOP...... 2872 shareholders
in response to
by
posted on
Aug 04, 2007 04:56PM
If that's the case I stand corrected......MY BAD.....Just repeating what RP said and assumed he knows what he is talking about. He may have been talking for effect about the task of getting the proxies out however I do know that brokerage firms hold shares of stock in street name. There very well could be 30,000 shareholders. If one brokerage firm is holding 5,000,000 shares in street name with 500 different stock owners that is still counted as one shareholder not 500. It then becomes the brokerage firms responsibilty to disseminate all the individual proxies to individual owners. But EDig still has to make enough proxies for all the individual shareholders.
Am I wrong here....If so some one please correct me again.