To the moderator to be read and addressed at the meeting. If you are a registered shareholder or duly appointed proxy holder and have a question or comment, please submit it through the system and your question or comment will be addressed during the question and answer period. Before we begin, I would like to take this opportunity to introduce members of the company Board of Directors who are in attendance by telephone today, Adrian O'Neill, Mike Harman, Larry Scheffler and of course myself. Before we move on, I also want to take a moment to acknowledge senior management in attendance. We have with us today by telephone Dennis Logan, Chief Financial Officer Layton Koehler, General Counsel as I indicated earlier, Larry Scheffler.
Also in attendance with us today is Bill Vargas, Vice President of Finance. With that introduction, I would now like to call this meeting to order. In order that the meeting covers all the business set forth or which was convened within a reasonable timeframe, we have prearranged for certain persons attending this afternoon to make a second motion. This procedure is not an attempt to discourage participation and there will be ample opportunity during the course of the meeting to ask questions. After the formal business is attended to, we will have an open question and answer period.
I do note that in our discussions today, we may provide forward looking statements, whether we do this in our presentation or in our answers to questions. These forward looking statements include, but are not limited to, statements concerning Planet thirteen's objectives, its strategies to achieve those objectives as well as general statements with respect to management's beliefs, plans, estimates and intentions and similar statements concerning anticipated future events, results, performance or expectations that are not historical facts. Such forward looking statements reflect management's current beliefs and are based on information currently available to management. Forward looking statements are not guarantees of future performance and are based on management's estimates and assumptions that are subject to and qualified in their entirety by risks and uncertainties, including those described under Risk Factors in Planet thirteen's Management Discussion and Analysis available on www.sedar.com, which could cause actual results to differ materially from such forward looking statements. Our remarks today are qualified by our public record and the risk factors set forth in such filings.
Appointment of Secretary and Scrutineer. As Chairman of the meeting, have appointed Layton Koehler to act as Secretary to the meeting and would ask Jackie Fisher of Odyssey Trust Company to act as Scrutineer. Notice of the meeting. It is now time to ask the Secretary to table proof of service of the notice of meeting. Mr.
Kohler? Service confirmed. Mr. Koehler has confirmed that he has received the official notice of audacity as to the mailing of the notice to shareholders, the directors and the auditors. As all shareholders should have previously received a copy of this notice, with the consent of the meeting, I will dispense with the reading of the notice.
Item four, Constitution of Meeting and Voting Procedure. The preliminary scrutineers report stating the number of shares presented by the completed proxies received has now been tabled. Pursuant to the bylaws of Planet thirteen, business may be transacted at this meeting if at least one shareholder is personally present or represented by proxy. I have been advised by the scrutineer that the required quorum is present. I therefore declare this Annual Meeting of Shareholders to be regularly called and properly constituted for the transaction of business.
Before starting the business of this meeting, I have the following comments on the voting procedure. Each shareholder is entitled to one vote for each share held by that shareholder, except for holders of restricted voting shares who are not entitled to vote those shares for the election of directors. We will conduct each vote by way of vote cast on the Lumi platform and those submitted by proxy. I understand that the scrutineer has tabulated all the votes received prior to the proxy voting cutoff. If you have previously voted, you do not need to vote again when prompted.
By voting again, you will revoke any previous vote made prior to the voting cutoff. We will now open the voting for all resolution and voting will remain open until shortly after the last resolution is presented. Registered shareholders and duly appointed proxy holders will be asked to vote on each business item after the presentation of all business items. Particulars of the votes cast on all matters may be obtained from the Secretary after the meeting. I direct that the Scrutineers report on all matters, be annexed to the minutes of this meeting as a schedule.
Item five, financial statements and auditor's report. The next item of business is to present the company's audited consolidated financial statements for the financial year ended 12/31/2020, together with the auditor's report. These financial statements are also located on the Lumi dashboard page. As the financial statements have been mailed to all shareholders, who so requested with the notice of this meeting and are posted on SEDAR with the consent of the meeting, I will dispense with the reading of the auditor's report. If there is no objection, we'll move forward.
None received. Election of Directors, Item six, it is now in order to proceed with election of directors. As set forth in the information circular, four directors are to be elected at the meeting and each of the following persons has been nominated for the position of Director of the company to hold office for the ensuing year and each has agreed to serve as Director if elected: Robert Groesbeck, Larry Scheffler, Michael Harman, Adrian O'Neill. Could I please have a motion to nominate such persons for reelection as directors of the company to hold office for the ensuing year?
My name is Dennis Logan. I'm a shareholder of the company. I so move.
My name is Layton Koehler. I second the motion. Thank you, gentlemen. The company did not receive notice of any director nominations in connection with meeting in accordance with its advanced notice by law. Accordingly, the only persons eligible to be nominated for election to the Board of Directors of the company are the management nominees.
Point of order, Mr. General Counsel. Does that require we need to call a motion or is that carried? It's carried. Thank you.
Item seven, appointment of auditors. The next item of business is the appointment of auditors. Would someone please move that Davidson and Company LLP be appointed as auditors of the company until the next Annual Meeting of Shareholders and authorize the Board of Directors of the company to fix their remuneration.
Name is Dennis Logan. I'm a shareholder of the company. I so move.
This is Layton Koehler. I second the motion. Thank you, gentlemen. Motion carried. Item eight, voting items of business.
As voting has been enabled for all previous motions, if shareholder has not voted yet, please do so now online. You may vote for or withhold in respect of each individual director nominee as indicated on the online ballot and in respect of the appointment of auditors. We will provide registered shareholders and duly appointed proxy holders approximately one more minute to complete the electronic ballot. Ballot. Mr.
Kohler, please note the time. 12:09 p. M. Electronic voting has now closed. I've been advised by the scrutineer that the online ballots and proxy deposit for the meeting have been voted in favor of all the resolution.
Each of the four nominees have been elected as directors of the company to serve until the next annual meeting of Shareholders or until their successors are elected or appointed. On behalf of the company, I would like to thank the directors for agreeing to stand for election and for their efforts and contributions to the success of the company. The appointment of Davidson and Company LLP as the auditors of the company has been approved and the Board of Directors of the company has been authorized to fix their remuneration. Item nine, Termination. If there is no further formal business, I ask for a motion to terminate this Annual Meeting of the Shareholders of Planet thirteen Holdings Inc.
My name is Dennis Logan. I so move.
This is Layton Koehler. I second the motion. All in favor? Aye. Both?
Aye. Carried. Thank you, gentlemen. I defer to declare the formal part of this meeting of shareholders terminate. Item 10, shareholders' question period.
We will now be reviewing questions and comments that were submitted during the meeting. If you have any questions or comments relating to the company's operations or any other company matter, please submit them now. And I'll pass to you, Mr. General Counsel. At this time, we have no questions that have been posted on the Lumi platform by registered shareholders.
And for the record, we do have several shareholders and the tenants at the meeting and we'll pose that question as well. If there are any questions, comments to the Board, feel free. They've indicated no. So therefore I will call I'll close the meeting and thank everybody for attending by phone and look forward to an exciting next year. We stand adjourned.