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HIGHWATER ETHANOL, LLC

(HEOL)
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HIGHWATER ETHANOL LLC : Submission of Matters to a Vote of Security Holders (form 8-K)

03/13/2020 | 12:24pm EDT

Item 5.07. Submission of Matters to a Vote of Security Holders.

Results of 2020 Annual Members' Meeting

On March 12, 2020, Highwater Ethanol, LLC (the "Company") held its 2020 annual members' meeting ("2020 Annual Meeting") to vote on the election of three governors whose terms were scheduled to expire in 2020.

Election of Three Governors

David Eis, William Garth and David Moldan were elected by a plurality vote of the members to serve terms which will expire in 2023. The votes for the nominees for governor were as follows:


Nominee Governors   For    Abstentions/Withheld
David Eis         1,920.50          59
William Garth     1,915.50          64
David Moldan      1,915.50          64

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 97,3 M - -
Net income 2020 -6,37 M - -
Net Debt 2020 13,8 M - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 29,9 M 29,9 M -
EV / Sales 2019 0,49x
EV / Sales 2020 0,43x
Nbr of Employees 43
Free-Float 86,2%
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Income Statement Evolution
Managers and Directors
Brian D. Kletscher Chief Executive Officer
Lucas G. Schneider Chief Financial Officer
David Gerald Moldan Chairman-Governors Member
Rachel Imker Head-Human Resources & Administration
Russell Jon Derickson Independent Member-Governors Board
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