OTCPK:MEAOD - Post by User
Comment by
Matagamion Dec 01, 2015 11:41am
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Post# 24342833
RE:RE:RE:RE:RE:RE:RE:RE:MTO Takeover...
RE:RE:RE:RE:RE:RE:RE:RE:MTO Takeover... Guidelines
Currently, director elections under the Canadian legal regime is based on a "plurality system" where shareholders vote either "for" a director or "withhold" their vote (i.e. do not vote). In a plurality system, withhold votes do not count and technically a director needs only one "for" vote to be elected to the board.