Quote from: JohnGalt on August 28, 2013, 06:20:12 PM

Update

Management Fee

Voting for the management fee calculation change has closed and the motion passed overwhelmingly, 428 - 0. The calculation of the fee based on the 30-day average will begin with the August dividend.

Voting on securities

The fund voted YES on CB.IDIFF-E and ABSTAIN on COG.F3. Voting has opened for ICEDRILL.ASIC and PETA-MINE. Both are new issues and voting closes in 5 days.

Other

100 shares of BTC-TRADING-PT were redeemed for 10 shares of LTC-GLOBAL. The fund currently holds 140 shares of LTC-GLOBAL and has 1400 shares outstanding.

John Bolton
John Galt Asset Management

Ummm.... COG.F3?

Quote

YES: 96 - NO: 288 - ABSTAIN: 24 - OUTSTANDING: 1500

At least 200 votes: Check

Margin of 100 votes: Check

Result.... Abstain?

I'd like to know how that is possible, please?