The shareholders came back from yesterday's annual meeting and the reviews are... rather few and far between actually. The only thing of substance reported is the presentation by the man we can only presume was the keynote speaker, John Petraglia of SPD Control Systems. You can actually find what is apparently a transcript of his speech (along with select "confidential" Powerpoint slides) from yesterday on SCSC's website (PDF format).
Yes, that's the same SPD Control Systems that recently completed a round of financing from "close friends, family, and colleagues" , with another $150K to come from REFR pending the fulfillment of certain milestones. One can't help but wonder if the speech wasn't one of the milestones.
No word yet on the fate of the shareholder proposal to get fresh blood on the board of directors, although presumably it went down to massive defeat. After all, who in their right mind could possibly be dissatisfied with company performance like this?
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