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Actionable news in OPTT: Ocean Power Technologies, Inc.,

Ocean Power: Form, Schedule Or Registration Statement No Filing Party: Date Filed:

The following excerpt is from the company's SEC filing.

Dear Fellow Stockholders:

We recently mailed you proxy material in connection with our upcoming

Annual Meeting of Stockholders

to be held on October 22, 2015. According to our records, we have not yet received your proxy.

YOUR VOTE IS VERY IMPORTANT, REGARDLESS OF THE NUMBER OF SHARES YOU HOLD.

One of the proposals presented for a stockholder vote is to approve an amendment to the Company’s Certificate of Incorporation to effect a reserve stock split of our common stock, with authority granted to our Board of Directors to determine the reverse stock spl it ratio within a designated range. Our Board of Directors believes that the reverse stock split is an important action which is needed to assist us in maintaining the listing of our common stock on The...


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