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Message: Relax Non Zenith Holders
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ZENITH

SHARES OUTSTANDING:

125,200,000

125,200,000 * 1/2 + 1 = 626,000,001 (50% +1)

125,200,000 * 2/3 = 834,666,667  (66.67%)

125,200,000 * 3/4 = 939,000,000  (75.00%)

None of the above means much. A Quorum at the meeting is 5% of outstanding shares (OS), and at least 2 people.

Eastern holds 38.1% of OS, and one should assume will be represented

NGN Biomed holds 10.1% of OS, and one should assume will be represented

 

Text of Shareholder Resolution

To be effective, the ordinary resolution related to the Royalty Preferred Share Amendment must be passed by a majority of the votes cast thereon by the holders of Common Shares at the Meeting. The text of the resolution is set out below.The persons  designated in the enclosed form of proxy or voting instruction form, unless instructed otherwise, intend to vote FOR the resolution. 

Happy Thanks Giving to all Americans here.

Deke

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