an "interested stockholder". These laws generally apply to Nevada corporations with 200 or more stockholders of record. However, a Nevada corporation may elect in its articles of
incorporation not to be governed by these particular laws, but if such election is not made in the corporation's original articles of incorporation, the amendment (1) must be approved by the
affirmative vote of the holders of stock representing a majority of the outstanding voting power of the corporation not beneficially owned by interested stockholders or their affiliates and
associates, and (2) is not effective until 18 months after the vote approving the amendment and does not apply to any combination with a person who first became an interested stockholder on
or before the effective date of the amendment. We have not made such an election in our original articles of incorporation or in our Amended and Restated Articles of
Incorporation, as amended, and we have not amended our Amended and Restated Articles of Incorporation to so elect.
Nevada law also provides that directors may resist a change or potential change in control if the directors determine that the change is opposed to, or not in the best interest of, the
Transfer Agent and Registrar
The transfer agent and registrar for our Common Shares is EQ Shareowner Services. The
transfer agent and registrar's address is 1110 Centre Pointe Curve, Suite 101, Mendota heights, MN 55120.
Our common stock is listed on the Nasdaq Capital Market under the symbol "SEEL".