[Osmf-talk] Please Vote at the General Meeting this Weekend
richard at weait.com
Thu Dec 4 20:55:36 UTC 2014
On Thu, Dec 4, 2014 at 3:30 PM, Kathleen Danielson
<kathleen.danielson at gmail.com> wrote:
> Can anyone confirm that my understanding about the percentages was correct?
I am operating under the same assumptions. >50% for OR, and >=75% for
SR. Abstentions are not counted against yeses or against nos.
Specifically, I presume if Yes, No, Abstain is 1,1,1, that is NOT
sufficient for pass an OR, as it needs >50%, so 50%+1. so, 1001,1000,
2000, would pass an OR.
And a SR, as I read it requires >=75%, so 3,1,0 would pass a SR, as
would 3,1,1000. 3000,1001,1 would NOT pass an SR.
I just looked at the AoA again, and didn't see the numbers, so they
must be defined in the Companies Act, which I'll look through again
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