Proxies- to all shareholders Peterluke_99
Sep 22 1998
1:15PM EDT
It is important that each shareholder retains the right to vote
his or her shares. There is only one proper way to do this.
Please, all shareholders that are not sure, call your broker
immediately, or if you trade on-line, bring up your on-line
agreement. Make sure that you have checked the box that states
"I want to receive proxy-related materials and annual financial
statements or an annual report for the reporting issuers of
securities I hold with you." In Canada, through your broker,
that is found in Part II, question 3, on the Scotia-Mcleod
agreement form. I presume that almost all such agreements are
nearly the same, whether in Canada or the USA.
TOMBSTONE VOTES
There is problem in the USA, in that most votes not asked for
by the shareholder can revert back to the company AUTOMATICALLY.
That's right, folks! If you don't ask for your proxy and the
right to vote, most brokerage houses will pool those shares and
fill them in and they end up as company votes, following their
recommendations. This is a serious issue, getting votes by
default. We therefore recommend to each of you:
CALL YOUR BROKER, CHECK YOUR ON-LINE, AND MAKE ABSOLUTELY SURE!!
Do not allow the company the luxury of counting those "tombstone
votes."
Tombestone votes are not an issue in Canada. Here, the vote is
either alive or dead, by virtue of the shareholder excepting the
right to vote. Canadians, make sure you have the right to vote.
We will post further information on our web-page as soon as we
have a copy of the agenda and this years' proxy form. We
suggest you hold your proxy-form until you see our dissident
proxy form, and our co-oridinated effort to present them as The
Group. I may open a post-office box for this exclusive purpose
in the near-future, should anyone wish to mail them directly
to The Group for presentation at the AGM.
My address to send in your pledge is: Peterluke@golden.net
Best regards,
Aardvark
PS- a cut and paste to SI would be appreciated. Thankyou
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