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Bullboard - Stock Discussion Forum Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human... see more

TSXV:CZO - Post Discussion

Ceapro Inc > Voting results
View:
Post by User2020 on Jun 01, 2021 4:08pm

Voting results

Two directors almost got voted out.
Comment by Ciao on Jun 01, 2021 5:10pm
Nominee Votes for Votes withheld % of votes cast         FOR WITHELD   Glenn Rourke 13,258,835 11,591,778 53.35% 46.65%   Donald J. Oborowsky 13,411,266 11,439,347 53.97% 46.03%  ...more  
Comment by ZoranSto on Jun 02, 2021 8:45am
Interesting two of them almost removed.....why those two particularly not exactly sure but it does show the company that we do have the ability to change leadership.
Comment by boazklinghorn on Jun 02, 2021 8:54am
Hell ya we do !
Comment by clyfor13yrs on Jun 02, 2021 2:34pm
First shot across the bow in my 5 years of owning this stock. Good to see!
Comment by Ciao on Jun 02, 2021 3:18pm
You've been quiet for 2 years here. Did you vote?
Comment by clyfor13yrs on Jun 02, 2021 3:21pm
Yes I did vote. you?
Comment by Ciao on Jun 02, 2021 4:02pm
Yes, I certainly did.
Comment by prophetoffacts on Jun 02, 2021 4:02pm
This post has been removed in accordance with Community Policy
Comment by clyfor13yrs on Jun 02, 2021 4:58pm
Nothing wrong with shareholders who are unhappy to use their votes to send a message. Healthy for a corporation in my opinion.
Comment by westcoast1000 on Jun 02, 2021 7:14pm
While the chair and one director barely squeaked by over 50%, the results are a clear indication of shareholder sentiment. I have never seen a vote like this in my years of small cap investing. I think a good step would be an open letter to board members and GG that the chair and  Oborowsky must resign, or they will all be turfed at the next annual meeting.  I voted and hold shares ...more  
Comment by Ciao on Jun 02, 2021 7:22pm
WC, The writing is clearly on the wall. Gilles should do the right thing and find replacements: perhaps the 2 board members will resign rather than face the embarassment of being voted out next year, unless of course one of CZO's pipeline products become a reality instead of just a pipe dream (and all is forgiven).
Comment by boazklinghorn on Jun 02, 2021 8:52pm
The voting went as well as could be hoped. Close enough to send a clear message that a directorship in not a right and shareholders must be given some respect. So lets see if we get a bit more action and an improvement in communication before next AGM. 
Comment by Zugnutz on Jun 02, 2021 10:41pm
More votes were cast this year. 2021: Nominee Votes for Votes withheld % of votes cast         FOR WITHELD Glenn Rourke 13,258,835 11,591,778 53.35% 46.65% Donald J. Oborowsky 13,411,266 11 ...more  
Comment by prophetoffacts on Jun 02, 2021 9:11pm
This post has been removed in accordance with Community Policy
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