Does anyone have an idea of the percentage of the shares that are held by the Yahoo message board? Last time we went through this process we had a pretty accurate count of the "no" votes and were able to get a sense that the proxy was in trouble. Is there any estimate of what kind of strength we can muster? We haven't heard from Onebite in an age - he used to have a substantial number of shares. Are we now out-voted by the new institutional investors?
Yeah, i used to have a nice n cozy relatively big position........until DO n the greedy minions leveled the living shyt out of it....i hope that never happens to u....believe u me....it aint a good feeling. And to see auduro clean our clock w/the type of partnership we've been yearning for for years and amid the sharegrab n such with the PPS n MC the way it's been?? And then that raise at 3 at the bell ringjng??? And then havjng SHs dechiper the $$$/RSU/recycle trail to our dismay.....twice??? OMG.
We're prob the only co in the history of the Nas that leveled the PPS w/a big discounted cap raise the day of a bell ringing...ever...just guessing but.if anyone knows that stat, feel free to share.
Hoping for the best, but unless corp governance improves, prepared for anything....props 2 n 3 should be shelved until 2015 and the CG issues completely resovled.
If I remember correctly ... we tallied about 78 million shares last year for the #$%$ ... that's about 6.2 million today shares ... I'm sure that number has gone up and down, but i would think we are someplace near 6 million shares among posters.
ADXS still has very little institutional ownership (the lack of corporate governance and ethically questionable actions of Dan O'Connor over the last year have been a red flag for institutional investors). What we do have by way of institutional ownership is largely through index funds buying all constituents in a given market (e.g., small cap or all cap) like Vanguard. I could understand that companies that have positions in ADXS through indexed strategies could vote in favor of the proxy proposals if they vote passively along with management. Other than that, I can't think and any reasons that a shareholder who is interested in protecting the value of their investment would vote in favor of Prop 2 or Prop 3.
Is there any way that we as shareholders can pool our votes and get a representative on the board or at least a spokesman to deliver our message in a clear and coherent manner that management would be forced to respond to?