Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In theory you should ideally be voting through your broker, but if that's not possible: (taken from the Q&A doc)
Q: How do I vote by proxy?
A: 1. A Form of Proxy for the GM can be obtained by contacting the company’s registrar, SLC
Registrars, at +44 (0)203 890 2122.
2. State clearly on the Form of Proxy the number of shares in relation to which the proxy is
appointed.
3. Complete the Form of Proxy.
4. It is strongly advised that you insert “Chair of the Meeting” as your proxyholder.
5. Enter your votes to the resolutions.
6. Return the filled in Form of Proxy to SLC Registrars either
(i) by post to PO Box 5222, Lancing BN99 9FG;
(ii) (during normal business hours only) by hand to Elder House, St Georges Business
Park, Brooklands Road, Weybridge, Surrey, KT13-0TS; or
(iii) by scanning a signed copy and emailing to proxy@slcregistrars.com
Hargreaves Lansdown, one of the biggest / most reputable dealers in the UK? :D
Also with HL, haven't heard a peep. Then again it took them 3 weeks to let me know ICON has been suspended, they're extremely hit and miss.
They need more time to finalise an agreement, I'd rather that happen and it take another 6 months than find out they're going into liquidation and we all lose our investments.
Annoying yes, but if you want a comparison for how long things can take - go look at EUA :D
I think they'll do whatever they can to meet the company afloat. If that means coming to a payback arrangement then so be it, otherwise - if they're going to do anything with will jeopardise the company and put us into liquidation then why wait, they should have all just walked.
Whilst it's a massive unknown, I think they'll do the best they can given the circumstances. Anything they can do is a positive compared to liquidation ??
Was it this one copper or a different one?
https://www.iconiclabs.co.uk/wp-content/uploads/2021/05/06.15.21-Shareholder-GM-FAQ.pdf
So, it took them 4 days but HL just confirmed they've received and cast my 7 mil votes. Probably a drop in the ocean considering the dilution but I obviously voted in favour of literally anything and everything the board suggested, like there was a choice!
Excellent stuff, thanks for sharing - nothing beats reliable / repeatable sales \o/
BlueVeiner, did you manage to get your proxy voting form at all?
I submitted my voting request to HL on Monday and I'm yet to hear back, I wonder if the suspension complicates things but am being cautious of the cut off on the 9th so might have to go down the form route for myself also....
It's purely my own opinion, but I would not be surprised if come 1 years time Zoetic have not been bought out by a larger US/Canadian competitor - I think they'll let Zoe do all the prep work, there's just no logical reason (I can see) to let them thrive and be a contender when you can buy them young.
The Supreme Cannabis company (mcap $200m CAD) got bought out by Canopy Growth (mcap $9 billion CAD) when they started to turn a profit. Appreciate it's a totally different game, but my point was ...the incredible future ahead of Zoetic and the amazing job they're doing expanding their empire (products, stores, etc) will eventually make them too irresistable.
Either way, I think investors are quids in :)
I think you'd need to send in your own proxy voting form stating that you want the chair to control your votes?
Note if you don't do anything (no form, no vote) then your votes are not counted.
Ref;
https://www.iconiclabs.co.uk/wp-content/uploads/2021/05/06.15.21-Shareholder-GM-FAQ.pdf
Q: Can I just leave my votes blank and let the Chair of the Meeting vote for me?
A: Preferably, please fill out the votes. Unless otherwise instructed, if you appoint the Chair of the
Meeting as your proxy but do not complete the instructions on how to vote, the Chair can vote as
he or she chooses (or can decide not to vote at all) in relation to any business of the meeting.
THAT SAID, you could probably bypass your dealer and send in your own form which allows you to elect the chair as your proxy voter?
Q: How do I vote by proxy?
A: 1. A Form of Proxy for the GM can be obtained by contacting the company’s registrar, SLC
Registrars, at +44 (0)203 890 2122.
2. State clearly on the Form of Proxy the number of shares in relation to which the proxy is
appointed.
3. Complete the Form of Proxy.
4. It is strongly advised that you insert “Chair of the Meeting” as your proxyholder.
5. Enter your votes to the resolutions.
6. Return the filled in Form of Proxy to SLC Registrars either
(i) by post to PO Box 5222, Lancing BN99 9FG;
(ii) (during normal business hours only) by hand to Elder House, St Georges Business
Park, Brooklands Road, Weybridge, Surrey, KT13-0TS; or
(iii) by scanning a signed copy and emailing to proxy@slcregistrars.com
No worries chaps, (fyi these were the Berry Burst flavour), I'll let you know what happens over the next few weeks. If I don't respond in say, 30 days? - assume I died / they killed me :)
Appreciate it's not what you wanted, but I got my chill gummies on Saturday :)
They were okay, left a really weird taste in my mouth but definitely had decent nights sleeps ever since. Not a fan of their price as a consumer, but I'm a fan of their price if lots of other customers buy them :D
Those are some beautiful estimates, let's hope they hit, or exceed :)
haha no worries bud, it's 50% trust based confidence and 50% "I really need that money back" confidence, I think the latter is called blind faith :D
I genuinely do think if the board and that other lot can do anything, they will. I doubt they're all going to roll over and take it, lose their jobs etc. Time will tell, I'd be surprised if this didn't drag on for another month?
Firstly, for the love of god use comma's and full stops :D
Secondly, speaking for myself; I researched them and knew exactly what had happened which is why I invested. What we're seeing now is shady tactics by the old board (or the CEO, whatever he was) trying to play his get out of jail free card.
The company ICON as an entity now has a capable board and was starting to turn the ship around, lots of positive signs. You can't blame them for something they weren't even aware of coming back to haunt them. In time we'll get more news, one way or the other :P