PASSUR AEROSPACE, INC. (OTCMKTS:PSSR) 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
Inc. (the “Company”) held on April 5, 2017, the shareholders
elected each of the Company’s nominees for director to serve
until the next Annual Meeting of Shareholders and until their
successors are elected and qualified. Shareholders also approved
Amendment No. 3 to the Company’s 2009 Stock Incentive Plan,
increasing the number of shares the Company has authority to
issue under the Plan from 1,500,000 to 3,000,000 shares. The
Shareholders also approved an Amendment to the Company’s
Certificate of Incorporation increasing the number of shares of
common stock, which the Company has the authority to issue, from
10,000,000 to 20,000,000 shares, and ratified the Audit
Committee’s appointment of BDO USA, LLP to serve as the
Company’s independent registered public accounting firm for the
Company’s 2017 fiscal year. The voting results are listed below:
|
1)
|
To elect the following individuals to serve as directors
to hold office until the 2018 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: |
|
Name
|
For
|
Withheld
|
Broker Non-Vote
|
|
G.S. Beckwith Gilbert
|
5,988,989
|
10,646
|
642,650
|
|
James T. Barry
|
5,988,989
|
10,646
|
642,650
|
|
Paul L. Graziani
|
5,989,124
|
10,511
|
642,650
|
|
Kurt J. Ekert
|
5,989,989
|
10,646
|
642,650
|
|
Richard L. Haver
|
5,989,389
|
10,246
|
642,650
|
|
Robert M. Stafford
|
5,989,389
|
10,246
|
642,650
|
|
Ronald V. Rose
|
5,989,524
|
10,111
|
642,650
|
|
2)
|
To approve Amendment No. 3 to the Company’s 2009 Stock
Incentive Plan, increasing the number of shares the Company has authority to issue under the Plan from 1,500,000 to 3,000,000 shares; |
|
For
|
Against
|
Abstain
|
Broker Non-Vote
|
|
5,989,691
|
101,423
|
1,521
|
0
|
|
2)
|
To approve an Amendment to the Company’s Certificate
of Incorporation increasing the number of shares of common stock, which the Company has the authority to issue, from 10,000,000 to 20,000,000 shares; |
|
For
|
Against
|
Abstain
|
Broker Non-Vote
|
|
6,606,304
|
34,457
|
1,521
|
0
|
|
3)
|
To ratify the Audit Committee’s appointment of BDO
USA, LLP to serve as the Company’s independent registered public accounting firm for the 2017 fiscal year. |
|
For
|
Against
|
Abstain
|
Broker Non-Vote
|
|
6,639,094
|
1,691
|
1,500
|
0
|
About PASSUR AEROSPACE, INC. (OTCMKTS:PSSR)
PASSUR Aerospace, Inc. is a business intelligence company. The Company is engaged in providing predictive analytics and decision support technology for the aviation industry. It uses big data, with an aviation intelligence platform and suite of Web-based solutions. It provides data aggregation and consolidation, information, decision support, predictive analytics, collaborative solutions, and professional services to airlines, airports, governments, and business aviation companies. It owns and operates the commercial passive radar network that updates flight tracks. The PASSUR decision support solutions use historical data mining and pattern recognition to predict specific and detailed operating conditions, as well as dynamic predictions based on the extrapolations of real-time surveillance data. Its traffic flow management solution is a Web dashboard product. It provides predictive analytics, alerts, and instant analysis and performance summaries to balance demand and capacity. PASSUR AEROSPACE, INC. (OTCMKTS:PSSR) Recent Trading Information
PASSUR AEROSPACE, INC. (OTCMKTS:PSSR) closed its last trading session 00.00 at 4.25 with 500 shares trading hands.