This excerpt taken from the TPTX DEF 14A filed May 17, 2005.
HOLDERS OF RECORD, QUORUM
Holders of record of our shares of common stock, par value $0.001 per share (Common Stock), our only class of issued and outstanding voting securities, at the close of business on April 29, 2005 (the Record Date) are entitled to vote at the Annual Meeting. There were 53,665,518 shares of Common Stock outstanding as of the Record Date. The presence, in person or by proxy, of the holders of a majority of the outstanding shares of Common Stock entitled to vote at the Meeting is necessary to constitute a quorum for the transaction of business at the Meeting. Stockholders are entitled to cast one vote per share on each matter presented for consideration by the stockholders. A list of stockholders entitled to vote at the Annual Meeting will be available for examination by any stockholder for a proper purpose during normal business hours at the executive offices of the Company for a period of at least 10 days preceding the Annual Meeting.