This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CEL-SCI Corporation Announces Results Of Annual Shareholders’ Meeting And Adjournment Of Meeting To July 25, 2013 With Respect To Proposal Concerning Stock Option Plan

CEL-SCI Corporation (NYSE MKT: CVM). The annual meeting of CEL-SCI’s shareholders was held on June 25, 2013. At the meeting, all nominees to the Board of Directors were elected and the following proposals were ratified by the shareholders.

           

 

(1)

the adoption of CEL-SCI’s Amended and Restated Articles of Incorporation;
 

 

(2)

subject to the determination of CEL-SCI’s directors that a reverse split would be in the best interest of CEL-SCI’s shareholders, the adoption of a reverse split of CEL-SCI’s common stock. A condition of the reverse stock split is that the ratio of the reverse split will be determined by CEL-SCI’s Board of Directors, provided that, in any case, the reverse split ratio will not be greater than 10 for 1. The Board of Directors may elect not to proceed with a stock split without further action by the shareholders;
 

 

(3)

subject to the determination of CEL-SCI’s directors that an increase in CEL-SCI’s authorized capital would be in the best interest of CEL-SCI’s shareholders, the adoption of an amendment to CEL-SCI’s Articles of Incorporation such that CEL-SCI would be authorized to issue up to 800,000,000 shares of common stock. The Board of Directors may elect not to proceed with increasing CEL-SCI’s authorized capital without further action by the shareholders; and
 

 

(4)

the appointment of BDO USA, LLP as CEL-SCI’s independent registered public accounting firm for the fiscal year ending September 30, 2013.

 

The adoption of CEL-SCI’s 2013 Non-Qualified Stock Option Plan, which provides that up to 20,000,000 shares of common stock may be issued upon the exercise of options granted pursuant to the plan, did not receive the required number of votes.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,097.59 +73.53 0.41%
S&P 500 2,117.33 +9.04 0.43%
NASDAQ 5,028.6640 +23.2730 0.46%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs