POMH Polar Molecular Announces Results of Annual Meeting of Stockholders
Business Wire - February 16, 2006 8:30 AM (EDT)
DENVER, Feb 16, 2006 (BUSINESS WIRE) -- Polar Molecular Holding Corporation (Pink Sheets:POMH) announced today that it held its Annual Meeting of Stockholders on February 10, 2006 at the company's headquarters at 4600 S. Ulster Street, Denver, Colorado.
The presence of a quorum to hold the meeting was established. On the record date there were 129,304,387 shares outstanding and entitled to vote. Proxies from shareholders holding 92,273,375 shares were received prior to the meeting and shareholders holding 907,376 shares were in attendance and voted at the meeting.
The only business to come before the meeting as set forth in the notice of the meeting was the election of 2 directors. The voting totals were in favor of the directors nominated as follows:
Nominee for election as Class I
Director:
Chandra Prakash, Ph.D. Votes cast
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For 84,586,322 90.8%
Withheld 8,594,429 9.2%
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Total 93,180,751
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Nominee for election as Class II
Director:
Walter Fay
For 84,624,532 90.8%
Withheld 8,556,219 9.2%
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Total 93,180,751
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Mark Nelson, President and Chief Executive Officer of the Company, stated, "I am extremely pleased with the results of the Annual Meeting. The overwhelming approval of the nominated directors provides the appropriate assurances that our shareholders are in favor of our current board. As chairman of the board of directors, I look forward to the continued input of our board as we seek to achieve profitability for our shareholders."
FORWARD LOOKING STATEMENTS
This news release contains forward looking statements that are not historical in nature and are based on current expectations and subject to risks and uncertainties. Although the management of the Company believes that the forward-looking statements are reasonable, the Company cannot assure you that such forward-looking statements will prove to have been correct. These statements involve known and unknown risks, uncertainties, and other factors that may cause our or our industry's actual results, level of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. Actual financial condition, operating results, and business performance may differ materially from that projected. The differences may be caused by a variety of factors, including but not limited to failure to receive product orders, changes in general economic conditions, competition, equipment failures and business interruptions, government regulatory changes, changes in key personnel, lack of sources of additional financing, and other factors.
SOURCE: Polar Molecular Holding Corporation
Polar Molecular Holding Corporation
Mark L. Nelson, 303-221-1908
Copyright Business Wire 2006
