STUART, Fla., Dec. 09, 2016 (GLOBE NEWSWIRE) -- CPSM, Inc. (OTCQB:SWMM) the Florida based pool & spa industry aggregator today released the voting results for their Annual Shareholders’ Meeting.
On December 8, CPSM, Inc held its annual general meeting of shareholders. At the meeting, five matters were considered and acted upon and 82,938,960 shares were eligible to vote. All five of the resolutions were adopted. The numbers of votes cast for and against, as well as the number of abstentions to each resolution, are set forth below. The percentages are representative of the total shares cast for each proposal.
| Director Nominee | Vote For | % For | Vote Against | % Against | Abstain | % Abstain | ||||||
| Lawrence Calarco | 76,397,750 | 99.9991 | % | 0 | 0.00 | % | 707 | 0.0009 | % | |||
| Loreen Calarco | 76,396,313 | 99.9998 | % | 0 | 0.00 | % | 144 | 0.0002 | % | |||
| Charles Dargan | 73,428,838 | 96.1130 | % | 0 | 0.00 | % | 2,969,619 | 3.8870 | % | |||
| Jeffrey Michel | 74,147,758 | 97.0540 | % | 0 | 0.00 | % | 2,250,699 | 2.9460 | % | |||
| Vote to retain Hacker, Johnson & Smith P.A.. | 76,066,374 | 99.0416 | % | 0 | 0.00 | % | 736,100 | 0.9584 | % | |||
A quorum was obtained representing 92.60% of those shares eligible to vote.
CPSM, Inc. is a publicly held company serving the surging pool/spa maintenance, design, and construction industry.
Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof