RE:RE:RE:mgmt circ on sedar Think again....
November 30, 2022 /Route1 Inc. (TSXV:ROI) (the "Company" or "Route1"), today announced that it received approval for 4 of 5 proposals submitted to shareholders at the Company's annual general and special meeting of shareholders , which was held earlier today in Toronto, Canada.
The matters voted on and approved are as follows:
- Tony P. Busseri, Peter F. Chodos, Michael F. Doolan, Michael D. Harris and John Marino were re-elected as the Company's Directors. Following the Meeting, the Board of Directors met and selected Mr. Harris to continue to serve as Chairman of the Board of Route1;
- RSM Canada LLP were appointed as the Company's auditors in respect of the year ending December 31, 2022;
- Route1's long-term incentive plan ("LTIP"); and
- Settlement of debt owed to Tony P. Busseri, Michael F. Doolan, David A. Fraser, Michael D. Harris, John Marino, Edward M. Reeder, Jerry Iwanski, Peter F. Chodos, and Alex Shpurov through the issuance of up to 2,787,693 common shares of the Company.
The matters voted on and not approved is as follows:
- Grant of certain incentive awards granted to certain employees, directors, officers and consultants of the Company and its affiliates.
mjh9413 wrote: You'll make no impact on such a vote as shareholders don't vote in sufficient numbers to EVER stop the proposal for ANY company. It's a rubber stamp even though stock opions are no more than a potential risk free reward to insiders since they can be allowed to expire, be cancelled, be changed and then simply re-issued at a new price.
What I'd like to know is who has those millions of options because, as I said before, there are no big numbers shown for C,S or B in the MIC or SEDI.
And as to the 'rapidly-growing' moniker they give in every NR, that is IMO just another false statement like all of C's promises to date.