VIIC Stock Updates 08/29/2014 03:19:53 $VIIC What
Post# of 64012
What caused this stock to go up over 300%??
QUORUM: Why the vote increase failed: "Has the quorum requirement been satisfied? NO
Quote:
"I am writing to inform you that the Special Meeting of Shareholders of Vision Industries Corp. (“Vision”) held on Friday, August 22, 2014, has been adjourned to a later date for failure to achieve a quorum. At this time, the Company has not determined when a new meeting can be scheduled.
Before any business can be transacted at a shareholder meeting there must be a quorum present.
By default most states define a quorum as the presence of a majority of the shares entitled to vote in person or by proxy. A company can modify the default requirement in its charter documents, subject to certain limitations imposed by state law (e.g., in Delaware a quorum cannot be less than one-third of the shares entitled to vote) and by the rules of the exchange on which the company’s securities are listed (e.g., Nasdaq requires a quorum of at least 33.33% of a company’s outstanding common voting stock; NYSE generally requires a quorum of not less than a majority of a company’s outstanding shares).Quorum Requirement - Shareholder MeetingOnce it is established that a quorum exists, the approval thresholds applicable to each proposal have to be considered and the related votes tabulated and counted. Let’s look at this in the context of the shareholder advisory vote on executive compensation and the shareholder advisory vote on the frequency of advisory votes on executive compensation. Remember these are non-routine matters for which brokers do not have discretionary voting authority, so shares represented by broker non-votes count as present for purposes of establishing a quorum but not as shares entitled to vote on the proposals.
What approval threshold is applicable to the shareholder advisory vote on executive compensation?
There is no approval threshold required for the shareholder advisory vote on executive compensation. As of this writing, of the companies that have reported results for their advisory votes on executive compensation, most have considered the proposal approved if it received the affirmative vote of a majority of the shares present and entitled to vote, with abstentions having the same effect as a vote cast against the proposal, though in three instances companies have specified that both abstentions and broker non-votes have the same effect as votes cast against the proposal.
Shareholder Meeting Vote
Most of the remaining companies have considered the proposal approved if it received the affirmative vote of a majority of the votes cast, with abstentions having no effect.Shareholder Meeting VoteIn a few cases companies have not disclosed an approval threshold at all, though in each a majority of the shares present and entitled to vote did approve the proposal.
What approval threshold is applicable to the shareholder advisory vote on the frequency of advisory votes on executive compensation?
There is no approval threshold required for the shareholder advisory vote on the frequency of advisory votes on executive compensation. However, if a company wishes to exclude certain shareholder proposals that seek advisory votes on executive compensation or that relate to the frequency of advisory votes on executive compensation, then its shareholders must approve a single frequency choice by a majority of the votes cast, with abstentions having no effect, and the company must adopt a policy that is consistent with that shareholder choice.
As of this writing, of the companies that have reported results for their advisory votes on the frequency of votes on executive compensation, most have considered the frequency receiving a plurality of the votes cast as the frequency approved by shareholders. Though, there have been a handful of companies that have considered the frequency receiving a majority of the votes cast as the frequency approved by shareholders. If companies in this latter group then adopt policies that are consistent with their shareholders’ vote, they may exclude future shareholder proposals related to advisory votes on executive compensation or the frequency of advisory votes on executive compensation.
MEETING CANCELLED TIL FURTHER NOTICE....OS STILL THE SAME
http://ih.advfn.com/p.php?pid=nmona&artic...ymbol=VIIC
VIIC Stock Message Board http://investorshangout.com/Vision-Industries...IIC-68257/
,,,,,,,BECAUSE SOMEONE LIED...(READ IT FOR YOURSELF
"I am writing to inform you that the Special Meeting of Shareholders of Vision Industries Corp. (“Vision”) held on Friday, August 22, 2014, has been adjourned to a later date for failure to achieve a quorum. At this time, the Company has not determined when a new meeting can be scheduled.
MEETING CANCELLED TIL FURTHER NOTICE....OS STILL THE SAME
--MONEYMADE
.10, I will buy it at .60!
$VIIC Holding you to $.10 for $VIIC. We will be nice tho, and just say $.05... Pretty clear your just a pumper, pumping pos $VIIC... No way EVER is .05 coming to $VIIC...
I just don't know what else to say but I am in shock this is at .007. Ihub must be playing a joke on me.
**********R-E-A-D-I-N-G IS FUNDAMENTAL :
"I am writing to inform you that the Special Meeting of Shareholders of Vision Industries Corp. (“Vision”) held on Friday, August 22, 2014, has been adjourned to a later date for failure to achieve a quorum. At this time, the Company has not determined when a new meeting can be scheduled.
WITH THIS FLOAT COULD RUN PAST 10CENTS BY THE TIME NEW OR NEXT MEETING.
YOU HAD IT RIGHT EARLIER.
---MONEYMADE
Quote:
Zer0Veritas Member Level Thursday, 08/28/14 01:46:26 PM
Re: None
Post # of 4067
52 week high is .11, we should triple that this time with the new contract
$VIIC. Actually, Clay, (or-the 100 people working/posting under Clay) is GAINING followers lately. $VIIC. Clay's $VIIC video chart, will probably gain even more followers. $VIIC. Clay just moved to over 6000, wouldn't call that 'losing followers'... $VIIC
,,,,,,,With no vote...THIS COULD GO TO 5CENTS PLUS...EASY!!!!--MONEYMADE
exactly... POWERBATTLES doing the real DD! what a great call guys!
VIIC
INTHEKNOW1 turned me on to VIIC! he is the man!
Blanka, garyst, powerbattles all rocking this play! i'm just along for the ride!
He is replying to my posted.