RE:RE:Results
regardless of the participation level, those who did vote, voted 44% to withheld. Meaning they didn't support Tripp. Using your 12.5 as a bases, that means 5.5m votes to abstain. Now assuming the insiders pooled thier votes which combined are alot (sorry don't have exact # handy) it is not unreasonable to assume Tripp did not receive very much support from outside the slate. I won't disagree with your point that a large institutional investor such as Clarus or Echelon can significantly impact the numbers, especially with low 20% participation rate. But, I have to wonder why? To what end? If they want to have an impacted on the Board or share prices, me thinks there are better ways.