First Uranium Corporation T.FIU

Voting default

[uranicynic]

I've contacted Gail Struass and she answered my question about whether there is a default to YES for shares that are not voted. This is her reply, 'As I understand it, it is shareholders that are present and voting, plus those who have submitted proxies'

I still think we have to be wary about management but it seems that abstentions are ignored.

[shiftman]

I would imagine Gail has a hard enought time trying to fiqure out if her tampex is on sticky side up or not. Let alone asking difficult questions.  

[Hmmmmmmm]

Her answer is misleading. All other questions I have asked of her have had the disclaimer "As I understand it" Which means no matter what way you take it, FIU can say she misunderstood. If she had quoted thier legal dep't or made a definitive statement it would be different. Betsky is quoted as saying....... "Betsky calculates the magic number of shares required to vote down the

[uranicynic]

This vote is starting to resemble elections in a banana republic. Has management's credibility slunk so low that they would try to win dishonestly? I wish I could answer my own question with a NO but I can't. We have to be on guard, and your're right Hmmmmmmm, every vote counts.  

[dubsbs]

If that s the case doesn,t FIU need to have  80 mill yes votes to win. Or do they take the total votes and divide that into the yes's and no's .    If only 140 mill vote and we get 72 mill no's isn't  ezzy  voted down??????/

[colt451]

The vote will only include share's voted in the 50.1% MWS calculation, which is great news for us. Because we have the three major shareholders on our side, the only possible way for the asset sale to go through is if all of us little guys sit at home and don't vote, and then FIU management pulls some shady backdoor rule no one knows about that allows them to use absent shares as 'yes&

[uranicynic]

Just thought it was time to remind everyone of First Uranium's own words about the votes. This was culled from that infamous new release back in early March announcing the asset sales. Each of the AGA Transaction and the  Gold One Transaction will be considered separately by shareholders of the Company at a Special Meeting which the Company anticipates will be held in mid May, 2012.&