Blackboxstocks Inc. (BLBX) Earnings Call Transcript & Summary

Good morning. I'd like to call this meeting to order. My name is Gust Kepler and I'm the President, Chief Executive Officer of Blackboxstocks, Inc., and candidate for election as Director. Welcome to the 2024 Annual Meeting of the Stockholders of Blackboxstocks, Inc. This meeting is being webcast live, and the webcast will be posted on our website for a period of time after the meeting. Welcome to those stockholders participating via webcast. The order of business for the meeting will follow the items as set forth in our proxy statement. The matters on which the stockholders at the meeting are voting are to: elect 5 directors; ratify the appointment of Victor Mokuolo CPA PLLC as the company's independent registered public accounting firm for the year ending December 31, 2024; transact any other business that may properly come before the meeting. I'd like to begin the meeting by introducing the current members of the company's Board of Directors, who are all present joining me today, are the following: Robert Winspear, who is our Chief Financial Officer and Secretary; Keller Reid; Grant Evans; and Dalya Sulaiman. Robert Winspear will serve as Secretary of the meeting and record the proceedings. He has delivered an affidavit of Securities Transfer, registrar and transfer agent for our common stock, as to the mailing of the Notice of the Meeting, which states that, on December 13, 2024, Notice of Meeting, and availability of related proxy materials, was mailed to all stockholders of record as of the close of business on December 12, 2024, the record date for the meeting. This affidavit is available if any stockholder wishes to examine it and will be filed with the minutes of this meeting. I hereby appoint Janet Stackhouse of Securities Transfer Corporation as Inspector of the Election for the meeting and any adjournment or postponement of this meeting. She has signed an oath to act as the Inspector of the Election, and this oath will be filed with the minutes of this meeting. The Inspector has the stockholder list of the company as of the close of business on December 12, 2024, the record date for determining stockholders eligible to vote at the meeting, which shows the stockholders and their respective number of shares entitled to vote at this meeting. This list is available if any stockholder wishes to examine it and will be filed with the minutes of this meeting. Robert Winspear has advised us that a quorum is present at the meeting, so I declare the meeting duly and lawfully convened. The meeting is now open and ready for business. The first item of business is the election of the 5 directors of the company. The proxy statement made available to you earlier listed the company's nominees for director. The candidates for director who have been nominated to serve as directors by the company's Nominating and Governance Committee and Board of Directors are: Gust Kepler; Robert Winspear; Keller Reid; and Dalya Sulaiman. In accordance with the bylaws of the company, stockholders are required to provide an advanced notice of their intent to nominate candidates for directors. No such notice was received. Therefore, I declare the nominations for directors closed. The motion to elect the 5 officers as described in the proxy statement is now in order. Does anyone second the motion?

My name is Robert Winspear, and I'm a stockholder. I second the motion.

Are there any questions or comments on this motion? Okay. If not, I hereby declare the polls open to vote on the motion. Any stockholders desiring to vote in person should do so at this time. [Voting]

Is there anyone else who wishes to vote in person? I hereby -- I now declare the polls closed on this motion. We will proceed with the next item. The second item of business is to ratify the appointment of Victor Mokuolo CPA PLLC as the company's independent registered public accounting firm for the year ending December 31, 2023 -- 2023 or 2024?

2024 for Victor Mokuolo.

Pardon me. That's 2024. There was a typo in my script. The appointment of Turner, Stone & Company is discussed in the proxy statement that was available made to you earlier. At this time, I would like to recognize Ian Remson from Victor Mokuolo CPA PLLC, who is with us today. A motion to ratify the auditor appointment as described in the proxy statement is now in order.

My name is Eric Pharis, and I'm a stockholder. I hereby move that the appointment of Victor Mokuolo CPA PLLC as the company's independent registered public accounting firm for the year ending December 31, 2024 be ratified.

Does anyone second this motion?

My name is Robert Winspear, and I am a stockholder. I second the motion.

Are there any questions or comments on this motion? If not, I hereby declare the polls are open to vote on this motion. Any stockholders desiring to vote in person should do so at this time. [Voting]

Is there anyone else who wishes to vote in person? I now declare the polls closed on this motion. I understand that the votes have been counted. The preliminary report of the Inspector of Election has been delivered to the company. Robert Winspear, will you please announce the results of the stockholders' vote?

The preliminary report of the Inspector of the Election indicates that Gust Kepler, Robert Winspear, Keller Reid and Dalya Sulaiman have been elected as directors by the stockholders. Each candidate received the affirmative vote of more than a plurality of the votes cast in the meeting. The ratification of the appointment of Victor Mokuolo CPA PLLC as the company's independent registered public accounting firm for the year ending 2024 has been approved by the stockholders by an affirmative vote of a majority of the votes cast at the meeting.

I hereby request that the final report of the Inspectors of the Election be filed with the minutes of this meeting. You have now heard the results of the voting, and this completes the business to be conducted at this meeting. Since there are no other matters to come before the meeting, a motion to adjourn the meeting is now in order.

My name is Eric Pharis, and I'm a stockholder. I hereby move that this meeting be adjourned.

Does anyone second the motion?

My name is Robert Winspear, and I'm a stockholder. I second the motion.

All in favor of the motion of adjournment, please signify by saying aye.

Aye.

Aye.

Those opposed, please signify by saying no. The motion has been carried. I hereby declare this meeting adjourned. I would like to take this opportunity to thank you for your attendance and interest.