This is clearly a screw-up with getting the proxies in the hands of shareholder in time for an effective vote. The fact that shareholders continue to report receiving proxies after the initial SHM supports this. No one knows if the fault rests with the company or the brokers. As with all things in life, occasionally things don't go as planned. Glitches and errors in the process can lead to delays. All speculation as to ulterior motives, sale of the company, lack of interest by shareholders, etc., is not supported.
Folks should stick to the facts. The ONLY fact we know regarding the lack of quorum votes is that proxies were received too late for some shareholders to vote. Everything else is speculation, some of it bordering on the ridiculous.
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