RE:Board Voting Results are on Sedar
So Rube,
If we break out the 25 million votes that came from insiders, those voters not part of the BNC organization, we find the following votes were made by outsiders.
- Bastien: 34m -25m = 9 million (4m withheld)
- Berendt: 26m -25 m-=1 million; (12m withheld)
- Budd: 25m for -25 m= 0 (14m withheld)
- Fortin: 32m -25 = 7 million( 6m withheld)
- Gubitz: 25m -25 m=0 (13m withheld)
- Rae: 25m -25 m=0 (14m withheld)
- Auditors: 18m =negative 7million(11m withheld)
- Increase shares for Employee Retirement Fund: 25m-25 million=0 for; 13m against
- Advance Notice Bylaw: 18.6m for; 20.5m against This issue split management.
So it is probable that Budd, Gubnitz and Rae had virtually zero outsiders voting for them. Berent only got 1 million votes. The share increase got no votes from outsiders. Auditors even had insiders voting against them. Bastien got the highest outsider vote yet is was only 9% of outside shareholders.
Absolutely pathetic. In my opinion there is no legitamacy to the vote results. Gubnitz and Rae deservedly have no support from outside shareholders.
McRae controlled the show in the end.
Read more at
https://www.stockhouse.com/companies/bullboard/t.bnc/bioniche-life-sciences-inc?postid=21895864#sq2s5Qlzl81kivOd.99