Voted my Shares

This past week I received a proxy to vote on the reverse split proposal. Today, I made took some time to read over the proxy and submit my vote.

The process was easy enough. I just logged into and entered a control number that was printed on the proxy I received in the mail. Then I hit the vote button on that page.

On the voting screen, I selected the “For” option and I clicked on the “Vote my shares per the above selections” button. The final step just involved confirming my vote and clicking on the “Final Submission” button. This very easy process took me less than a minute.

It is very important that you take time to read over the proxies you receive and vote on these proposals, especially in for going private transactions.

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13 thoughts on “Voted my Shares

  • August 2, 2005 at 12:22 pm

    Just heard from the CFO that FRGNE’s going private was passed and effected today.

  • August 5, 2005 at 1:04 pm

    Am I safe in suggesting that the following still means that all holders of less than 500 shares (record or street) will get cashed out?

    “(b) a cash payment per share of $.97 for the currently outstanding Common Stock in lieu of the issuance of any resulting fractional shares of Common Stock to persons who would hold less than one whole share of Common Stock of record in any discrete account after the proposed reverse stock split.”

    Taken from the latest transaction statement, dated August 4th, 2005.

  • August 9, 2005 at 4:05 pm


    Mine is held in street and am still able trade it. So it looks like you needed to be on record.

  • August 9, 2005 at 5:28 pm

    Just because you are able to trade the stock does not mean that you will not get cash for the going private transaction. These transactions often require a lot of patience.

    Since I also own these shares, I’ll look into this further.

  • August 9, 2005 at 7:58 pm

    The Def 14A says both are cashed out unless you broker doesn’t follow instructions.


  • August 10, 2005 at 1:23 pm

    Looks like the reverse split and the split back happened on 8/4. How long does it take from the time of the split to the time cash is delivered?

  • August 18, 2005 at 12:46 pm

    Looks like 3 blocks of 499 shares have been traded on a low price of $.42 so far today.
    I wonder if people are dumping shares? Anyone have any news on this stock?


  • August 19, 2005 at 6:24 am

    I haven’t seen any news. People are just getting nervous.

  • August 27, 2005 at 1:28 pm

    We are now trading on the Pinks at FRGN.PK for $.25

  • August 27, 2005 at 1:47 pm

    My account indicates that the reverse split will happen. These transactions can take up to 2 months before they send out cash to former shareholders. If you are concerned about being cashed out, you should feel free to call the company. PinkSheets lists’s phone number as 631-582-5204. Let us know what you find out.

  • September 13, 2005 at 12:33 pm
    Permalink was not returning my emails/calls. Stock got to $0.70 yesterday.
    Lot of 499 size trades so that it looked like people are bailing
    I was about to put a Limit sell for $0.60. The symbol has changed and can not trade.
    This is very good as I should get cashed out.

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