INDUSTRIAL SERVICES OF AMERICA, INC. (NASDAQ:IDSA) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On August9, 2017, Industrial Services of America, Inc. (the "Company") issued a press release announcing its operating results for the quarter ended June30, 2017. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.
The information in Item 2.02 of this report, including the related Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated by reference therein.
Item 5.07Submission of Matters to a Vote of Security Holders.
At the annual meeting of shareholders of the Company on August 8, 2017, shareholders (1) elected each of the four Company nominees to serve a one year term on the Company's Board of Directors and (2) ratified the appointment of Mountjoy Chilton Medley LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2017. The resultsof the voting are shown below.
Proposal 1 – Election of Board of Directors
| Company Nominees | Votes For | Votes Withheld | Broker Non-Votes | |||
| Orson Oliver | 3,363,204 | 1,203,226 | 2,953,680 | |||
| Albert A. Cozzi | 4,275,488 | 290,942 | 2,953,680 | |||
| Vince Tyra | 4,559,238 | 7,192 | 2,953,680 | |||
| William Yarmuth | 4,559,238 | 7,192 | 2,953,680 |
Proposal 2-Ratification of Appointment of Independent Registered Public Accounting Firm
| Votes For | VotesAgainst | Abstain | Broker Non-Votes | |||
| 6,656,547 | 4,753 | 858,810 | — |
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press release dated August9, 2017.
INDUSTRIAL SERVICES OF AMERICA INC ExhibitEX-99.1 2 EX-99.1_1.htm EXHIBIT 99.1 Exhibit 99.1 Industrial Services of America,…To view the full exhibit click here
About INDUSTRIAL SERVICES OF AMERICA, INC. (NASDAQ:IDSA)
Industrial Services of America, Inc. buys, processes and markets ferrous and non-ferrous metals, and other recyclable commodities. The Company operates through Recycling Segment. The Company’s Recycling Segment collects, purchases, processes, and sells ferrous and non-ferrous scrap metal to steel mini-mills, integrated steel makers, foundries and refineries. It buys, dismantles and sells used auto parts. It purchases ferrous and non-ferrous scrap metal from industrial and commercial generators of steel, iron, aluminum, copper, stainless steel and other metals, and from scrap dealers and retail customers who deliver these materials to its facilities. It processes scrap metal through sorting, cutting and baling. Its non-ferrous scrap recycling operations consist of collecting, sorting and processing various grades of copper, aluminum, stainless steel and brass. Its used automobile yard purchases automobiles so that retail customers can locate and remove used parts for purchase.