"I am 500% sure they will get the result what they wanted..otherwise no point to call a vote! "
So now they (Cranshire Capital Advisors, LLC ) got 34,090,904 shares,just to make sure they will get what they want
!REVE..elpoep eseht htiw egnahc lliw reven dna..si xereneG,ynapmoc eht tpurroc woh swohs taht tuB
(eromyna hcraeser od TON OD yeht,hguoht ysae taht ) seiralas no erom semit 2 won nevE.seiralas no yenom erom tneps syawla xereneG.hcraeser no erom semit 3 won neve..seiralas no naht,hcraeser no yenom erom tneps syawla yeht:ELAG tuoba gniklaT
Talking about GALE:they always spent more money on research,than on salaries..even now 3 times more on research.Generex always spent more money on salaries.Even now 2 times more on salaries ( that easy though,they DO NOT do research anymore)
But that shows how corrupt the company,Generex is..and never will change with these people..EVER!
Fletcher would not even be able to raise money on a major exchange. His only source of money is Joseph Moscato. He has no history of raising money for a company on a major exchange. He is the shell game expert. Time to vote no and have Fletcher find a partner.
Which part of the vote? Some corporate actions require 51% of the votes cast to pass while others require 51% of the shares (not voting shares count as automatic no votes). Brokers can vote "street name" shares on some issues (confirmation of the auditor for example) but not on others (reverse splits).
It is entirely possible that certain issues pass and others get defeated, regardless of whether there is an adjournment of the meeting to give more time to solicit yes votes. Worst case is that the additional shares get authorized (simple majority vote) but the reverse split does not (requires an absolute majority of all shares outstanding).
"About 45 days left until Fletcher will be forced to find a partner/collaborator"
Even he does,they would be behind Galena (GALE)a year or more.Gale is on track,everything is like clockwork.They just had a public offering(second time..duhh),while Generex only has been talking about that for 2 years! Generex is dead,bunch of unprofessional and greedy idiots