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This excerpt taken from the BRN DEF 14A filed Sep 6, 2005. Record Date and Voting Rights The Board of Directors of the Company has fixed the close of business on August 22, 2005 (the Record Date) as the date for the determination of stockholders entitled to approve the proposed amendment to the Companys Certificate of Incorporation to increase the number of authorized shares of Common Stock. As of the Record Date, the Company had 2,723,020 shares of Common Stock issued and outstanding. Each share of Common Stock is entitled to one vote per share on any matter which may properly come before stockholders and no shares are entitled to any cumulative voting rights. Pursuant to applicable Delaware law, there are no dissenters or appraisal rights relating to the amendment to the Companys Certificate of Incorporation to increase the number of authorized shares of Common Stock. |
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