VSCP » Topics » Required for Approval.

This excerpt taken from the VSCP DEF 14A filed Apr 10, 2009.
Required for Approval.

The affirmative vote of the holders of a majority of the shares of Common Stock present in person or represented at the meeting and entitled to vote is required for the adoption of the Exchange Offer herein described.  Abstentions and broker non-votes are treated as votes against the proposal.

THE BOARD OF DIRECTORS RECOMMENDS A VOTE IN FAVOR OF PROPOSAL 4.

 
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INDEPENDENT PUBLIC ACCOUNTANTS

Fees for Audit and Other Services

The following table shows the fees billed or expected to be billed to us for the audit and other services provided by Marcum & Kliegman for 2007 and 2008:

   
2007
   
2008
 
Audit Fees
  $ 187,847     $ 148,450  
Audit Related Fees
    -       -  
                 
Total Audit and Audit Related Fees
    187,847       148,450  
                 
Tax Fees
    -       -  
                 
Total Fees
  $ 187,847     $ 148,450  
 
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