BioMedReports January 20, 2012:
On Tuesday, January 24 at 1:30 PM Monsanto officers and shareholders will vote on a shareholder proposal to create a study of "material financial risks or operational impacts" associated with its chemical products and genetically modified organisms (GMOs).
The proposal represents one of the strongest signals to date that the biotech food conglomerate is facing growing consumer, legal, and regulatory uncertainties. As of today, however Monsanto has told John Harrington that they will not recognize his proxy who would speak on behalf of the resolution for only three minutes under normal circumstances.
The meeting itself is only open to shareholders but concerned citizens will be demonstrating outside the northeast entrance to Monsanto's Lindberg campus beginning at 12:00 noon. Monsanto Headquarters is located at 800 North Lindberg Boulevard in St. Louis, MO.