Motion ID:148
Ticker symbol: BMF
Expires:2012-09-28
Required to pass motion:0%
Motion text
This is an opinion poll with no actionable result. As a shareholder, are you satisfied with BMF's management style? Please carefully consider the performance of the fund, and the actions I have taken to protect shareholders including weekly letters to shareholders, full disclosure of assets and trading, motions 80 and 124, and the current daily dividends policy before answering. Thank you and have a nice day. Note: If you are at all unsatisfied with the performance of this fund, as a shareholder, please do not hesitate to contact us at [email protected] and maybe we can work together to resolve any problems you are experiencing. Thank you!
Voting result
% to pass motion: 0
Voted Yea:8148
Voted Nay:0
Meh :
1. A large chunk of those votes were you I'd bet.
2. "All of my shareholders are happy." is not supported by the facts. All the vote shows is that the ones who VOTED were happy.
3. Anyone with half a brain who wasn't happy would have sold out by now - and no longer have a vote.
4. Why do you think you were able to buy back shares at below IPO price? It can't be because the shareholders were ecstatic about your management of the company.
You bought out all the unhappy ones (at a loss to them) - what's left is those who don't pay attention, the terminally stupid and probably a few unfortunate souls who haven't been around for a while.
Typical usagi spin/gloss. The vote wasn't even announced in the main BMF thread - just in one of your numerous "Important: I'm an attention whore - please listen to my bull-shit and don't argue with me" threads.
Oh - and how DID you get more yes votes than have EVER been in circulation? You didn't by some chance transfer unsold ones to yourself to vote with (then send them back) did you? I asked nefario about that particular nasty little trick a while back (by PM) but got no answer - so assume it IS possible for a company owner to generate as many yes votes on a motion as they like.