- Environmental Waste International (EWS) reports results from a shareholder meeting and grants options
- Shareholders re-elected Sam Geist, Emanuel Gerard, Bob MacBean, Paul Orlin, and Robert Savage to the board of directors
- Shareholders also approved the company’s new 10 per cent omnibus incentive plan
- The board has no current plans to consolidate its common shares
- Environmental also granted 2,660,000 incentive stock options to certain officers, directors, employees and consultants of the company under its New Omnibus Plan
- Environmental Waste International Inc. (EWS) was sitting at C$0.04 at 10:48 am EST on June 30
Environmental Waste International (EWS) shareholders have approved all matters at the annual shareholders’ meeting, which was held today, July 4th.
The shareholders re-elected Sam Geist, Emanuel Gerard, Bob MacBean, Paul Orlin and Robert Savage to the board of directors and re-appointed MNP LLP as the company’s auditors.
The company’s new 10 per cent omnibus incentive plan was approved.
Shareholders also approved authorization for the board to consolidate the company’s common shares based on new common shares for up to 20 old common shares.
The board has no current plans to consolidate its common shares.
Environmental also granted 2,660,000 incentive stock options to certain company officers, directors, employees and consultants under its New Omnibus Plan.
All options are exercisable at $0.05 per common share, vesting over three years with an expiry date of June 30, 2027.
Environmental Waste is in the business of making eco-friendly systems for the breakdown of organic materials, including tires.
It has dedicated over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system.
Environmental Waste International Inc. (EWS) was sitting at C$0.04 at 10:48 am EST on June 30.
