Thursday, July 16, 2009

Interesting Article (Three strikes for pirates)

Sunday, July 5, 2009

First Draft for comments

This is a tentative first draft of a generic shareholder proposal.

Even if the companies recommend a vote against the proposal, and the AGM votes it down, a properly submitted proposal has to be put on the website and sent out to every voter holding any number of shares in every company.

This would be massive, free publicity for our point of view.

Mr/Mrs/Ms ....... ........... of ..........(address)..... represents that he/she/I/we owns ..... shares of ....... (the Company's) common stock, and hereby gives notice of her/my/our/his intention to present a proposal at the annual meeting.

The proposal and proponent's supporting statement appears below.

Stockholder proposal

Zero Tolerance Or Financial Support For Illegal File-Sharing Sites

RESOLVED, that shareholders of ............ Corporation request the board of directors to adopt a policy of not advertising or otherwise financially supporting internet sites that facilitate the breach of authors' or artists' or musicians' copyright in violation of the Digital Millennium Copyright Act.

Supporting Statement

In our view, "pirate" sites and file-"sharing" sites exist because of paid advertising by corporate sponsors who are unaware that their financial support is devastating to the intellectual property rights community, and seriously undermines local and federal tax revenues.

The "free" electronic "sharing" of books and other intellectual property puts bricks and mortar bookstores, online small press publishers, and authors, out of business or negatively affects their productivity and earned income.

Under the Digital Millennium Copyright Act, it is illegal to create and publish and distribute copies of copyrighted works where royalties are not paid to the copyright holders, and in violation of copyright protections afforded under US and International law. .....(This Reputable Company).... should not tarnish its fine reputation by associating itself with (through maintaining a presence, or advertising on) illegal activity.

Respectfully submitted........