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Eagle Bulk Shipping Inc. Message Board

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  • hyulpy hyulpy Nov 15, 2011 10:16 PM Flag

    "NO" on proxy vote

    Just a reminder to remember to vote. The meeting is Thu Nov 17th at 10am.

    I'm sure that many of you have received a "helpful" phone call encouraging you to vote, and perhaps recommending how you should vote as well.

    The fact that EGLE decided to call everyone on the phone means they're probably having trouble getting the votes they need to give management another 'bonus' check.

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    • Have to agree. The only incentive for them to expense the canvas is their own bonus.

      One word of caution on proposal #1. Rejection of the R/S will eliminate many insti's that may have wanted to take a position. It will be up to a mostly retail investor group to drive the pps which typically is too weak to be meaningful.

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