Since there are no questions or comments on this item I declare the discussion on the matter is closed. I have been advised by Mr. Lipson that based on the proxies in hand the individuals receiving the greatest number of votes and thereby elected to serve as Directors are G. Bradford Jones and Lloyd Miller.
Second our shareholders have approved on an advisory basis our executive compensation. Third more than 50% of the votes present in person or by proxy at this annual meeting have been voted in favor of the ratification of Ernst & Young as the company’s independent auditors for the 2012 fiscal year.
Accordingly, I hereby declare that the three proposals up for consideration at this annual meeting of stockholders have been duly approved and adopted by the stockholders of Stamps.com. There being no further business to come before the meeting, the meeting will be adjourned unless there is any objections.
I hereby declare this meeting adjourned.We will now end the formal part of our annual meeting and I would like to thank you all for attending. Those in person if you have any questions that you would like to ask us afterwards you are welcome to. Question-and-Answer Session [No Q&A session for this event] Operator Ladies and gentlemen, thank you for participating in today’s conference. This concludes our program you may all disconnect and have a wonderful day. Read the rest of this transcript for free on seekingalpha.com