To: Jim Johnson who wrote (27043 ) 3/17/1999 9:18:00 PM From: JustMy2Cents Read Replies (1) | Respond to
I received my proxy in the mail today from brokerage firm, Pershing (Division of DLJ Securities Corp.) Here are a few inconsistencies regarding this proxy mailing:FIRAMADA, INC. ANNUAL MEETING TO BE HELD ON 04/07/99 AT 09:30 A.M. PDT FOR HOLDERS AS OF 02/05/99 ". Shareholders of record of the Company's common stock at the close of business December 31, 1998, the record date fixed by the Board of Directors, are entitled to notice of, and to vote at, the meeting "The approximate date on which The Proxy Statement and form of proxy were mailed to the shareholders was March 1, 1999. ".The company's Articles of Incorporation allows for cumulative voting with respect to the nomination of directors. Accordingly, every shareholder entitled to vote shall be entitled to cumulate his votes by giving one nominee for election to the Board of Directors as many votes as the number of such directors multiplied by the number of his shares shall equal, or by distributing such votes on the same principal among any number of such candidates. A shareholder intending to cumulate votes shall give written notice of his intention to the Secretary of the Company on or before the meeting of the shareholders. All shareholders may cumulate their votes if any shareholder gives written notice. "
