Form 8-K for PETRON ENERGY II, INC.
Submission of Matters to a Vote of Security Holders, Other Events
3. The ratification of the appointment of KWCO, PC (“KWCO”) as the independent auditor of the Company for the year ended December 31, 2015; and
4. The consideration of any other matter that may properly come before the meeting or any adjournment thereof.
Holders of our Common Stock are entitled to one vote per Common Stock share. The holder of our Series A Preferred Stock was entitled to vote in an amount equal to 51% of the total votes eligible to be casted. Holders of our Series B Preferred Stock were entitled to vote 1/100 of one vote per Series B Preferred Stock share. Only stockholders of record at the close of business on November 7, 2014 were entitled to vote. The number of votes cast for and against and the number of abstentions and non-votes with respect to each matter voted upon are set forth below:
Election of Directors Director Nominee Votes For Votes Against Non-Votes/Abstentions Floyd Smith 466,242,937 0 435,986,368 David Knepper 466,242,937 0 435,986,368
Mr. Smith and Mr. Knepper were elected to the Board of Directors, and will serve as directors until our next annual meeting or until their successors are elected and qualified.
Ratification of Appointment of the Company’s Executive Officers
The results of the voting were 466,242,937 votes for, 0 votes against, and 435,986,368 abstentions and non-votes. The appointment of Floyd Smith as the Company’s CEO, President, Secretary and Treasurer was ratified. The appointment of Bob Currier as the Company’s CFO was also ratified.
Ratification of KWCO PC as the Company’s Independent Registered Public Accounting Firm
The results of the voting were 466,242,937 votes for, 0 votes against, and 435,986,368 abstentions and non-votes. The appointment of KWCO PC was ratified.