August 6, 2015
In addition to the fact that 71% of investors have already indicated a preference for annual reports in a hard copy format, and that the elderly and disabled investors and minority investors would be poorly served by a change to digital only reporting, it seems obvious that a hard copy is a much more reliable system of disseminating crucial information. Also, this would remove a significant amount of material handled by the USPS, which is already laboring under a financial burden. All in all, the financial gains of changing a system that is accepted by most investors to one that investors have already indicated they do not favor falls far short being a reasonable change to make. Keep in mind one axiom that is all to often ignored - "IF IT AIN'T BROKE, DON'T FIX IT."