RE: More ????? than answersProxy fight is an event that may occur when a corporation's stockholders develop opposition to some aspect of the corporate governance, often focusing on directorial and management positions. Corporate activists may attempt to persuade shareholders to use their proxy votes (i.e. votes by one individual or institution as the authorized representative of another) to install new management for any of a variety of reasons.
In a proxy fight, (incumbent directors and management have the odds stacked in their favor over those trying to force the corporate change.) Many tactics are used by these incumbents to stay in power; including staggering the boards (i.e. having different election years for different officers or directors), access to the corporation's money, and creating restrictive requirements in the bylaws. As a result, **(most proxy fights are unsuccessful)**
In the absence of any looming takeover, proxy fights can come about because dissidents are unhappy with management.
For me this a interresting topic,but one that would go know where.
Simply for me the management of this company sux,when we were able to make contact it was stated many times the website would be up in a week then told a couple weeks,if i remember correctly i was even told a couple of days.skyline was so confused they didnt no what day it was.
THEN MR. LONNIE SMITH SAYS "ATTENTION ICIENA INVESTERS"
I am going to find bigger office space and put a board room in it.
BUILD AND THEY WILL COME.
From what i can tell they are building round rooms and we have to find the corners.
Its not rocket science when it comes to keeping the invester informed.