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No. of Recommendations: 1
I wanted #500 to be something significant, but this will have to do:

So, do you want to submit a proposal for a shareholder vote at a company in which you own shares? There are some limitations. You have to prove that you have owned the shares for over one year, with a minimum ownership of $2,000 worth, or 1%, of the company (whichever is higher). Your proposal and all supporting statements must be no longer than 500 words. Other procedural issues are spelled out pretty well in this University of Cincinnati Law School document. And that's about it.

Minimum 1%? Seems like an awful lot. Does that mean (and correct me if I'm wrong) that, since AAPL is worth approximately $4 Billion, you would need to own $40 Million worth of stock in order to submit a proposal? Am I understanding this right?

If that's the case then, Rodg, can I borrow a few bucks? ;)
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