GROTE MOLEN, INC. (OTCBB:GROT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 24, 2017, Grote Molen, Inc. (the “Company”) completed
its 2017 annual meeting of stockholders (the “Annual Meeting”).
The number of shares of stock entitled to vote at the Annual
Meeting was 34,662,438, or 68,716,800 votes, consisting of
30,878,620 shares of common stock and 3,783,818 shares of
preferred stock, with each share of preferred stock entitled to
10 votes, (collectively, the “Voting Stock”). The number of
shares of Voting Stock present or represented by valid proxy at
the Annual Meeting was 25,447,692 shares. All matters submitted
to a vote of the Company’s stockholders at the Annual Meeting
were approved, Robert Graham, John Hayes, Robert Lentz, J. Allen
Kosowsky, Thomas Bruderman and Robert Zahm were elected as
directors, and the shareholders elected to hold an annual
advisory vote on executive compensation.
its 2017 annual meeting of stockholders (the “Annual Meeting”).
The number of shares of stock entitled to vote at the Annual
Meeting was 34,662,438, or 68,716,800 votes, consisting of
30,878,620 shares of common stock and 3,783,818 shares of
preferred stock, with each share of preferred stock entitled to
10 votes, (collectively, the “Voting Stock”). The number of
shares of Voting Stock present or represented by valid proxy at
the Annual Meeting was 25,447,692 shares. All matters submitted
to a vote of the Company’s stockholders at the Annual Meeting
were approved, Robert Graham, John Hayes, Robert Lentz, J. Allen
Kosowsky, Thomas Bruderman and Robert Zahm were elected as
directors, and the shareholders elected to hold an annual
advisory vote on executive compensation.
The following is a tabulation of the voting on the proposals
presented at the Annual Meeting:
presented at the Annual Meeting:
(i) To elect six (6) directors, each of whom will be elected for
a term of one year, or until the election and qualification of
their successors.
a term of one year, or until the election and qualification of
their successors.
Nominee
|
Votes For
|
Votes Withheld
|
Broker Non-Vote
|
||
Robert Graham
|
37,755,912
|
||||
John Hayes
|
37,755,912
|
||||
Robert Lentz
|
37,755,912
|
||||
J. Allen Kosowsky
|
37,755,912
|
||||
Thomas Bruderman
|
37,755,912
|
||||
Robert Zahm
|
37,755,912
|
(ii) To ratify the appointment of Pritchett, Siler Hardy, P.C. as
the Company’s independent registered public accounting firm for
the fiscal year ending December 31, 2017.
the Company’s independent registered public accounting firm for
the fiscal year ending December 31, 2017.
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Vote
|
||
37,755,912
|
(iii) To conduct a non-binding advisory vote on the Company’s
executive compensation.
executive compensation.
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Vote
|
37,163,752
|
592,160
|
(iv) To consider and vote upon on the frequency of future
advisory votes on executive compensation.
advisory votes on executive compensation.
Votes For One Year
|
Votes For Two Years
|
Votes For Three Years
|
Votes Abstaining
|
Broker Non-Vote
|
17,671,186
|
1,557,161
|
13,757,695
|
4,769,870
|
(v) To consider and vote upon an amendment to the Company’s
Articles of Incorporation to change the name of the Company from
Grote Molen, Inc. to BlackRidge Technology International, Inc.
with such name change to be effective at such time and date as
determined by the Board of Directors in its sole discretion.
Articles of Incorporation to change the name of the Company from
Grote Molen, Inc. to BlackRidge Technology International, Inc.
with such name change to be effective at such time and date as
determined by the Board of Directors in its sole discretion.
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Vote
|
37,755,912
|
(vi) To authorize the new BlackRidge 2017 Incentive Share Plan
and reserve 20,000,000 shares for said plan.
and reserve 20,000,000 shares for said plan.
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Vote
|
37,158,752
|
597,160
|
(vii) To consider and vote upon an amendment to the Company’s
Articles of Incorporation to increase the Company’s authorized
common stock (the “Common Stock”) from 100,000,000 to
200,000,000 shares and to increase the Company’s authorized
preferred stock from 5,000,000 to 10,000,000 shares.
Articles of Incorporation to increase the Company’s authorized
common stock (the “Common Stock”) from 100,000,000 to
200,000,000 shares and to increase the Company’s authorized
preferred stock from 5,000,000 to 10,000,000 shares.
Votes For
|
Votes Against
|
Votes Abstaining
|
Broker Non-Vote
|
37,740,912
|
10,000
|
5,000
|
Item 7.01 Regulation FD Disclosure.
On May 30, 2017, the Company issued a press release announcing
the results of the Annual Meeting. A copy of the press release is
attached hereto as Exhibit 99.1.
the results of the Annual Meeting. A copy of the press release is
attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number
|
Description
|
|
99.1
|
Press Release, dated May 30, 2017
|
GROTE MOLEN, INC. (OTCBB:GROT) Recent Trading Information
GROTE MOLEN, INC. (OTCBB:GROT) closed its last trading session at 0.0000 with shares trading hands.