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Activist Investor to Challenge Monsanto CEO to be More Transparent at January 31 Annual Shareholder Meeting

For related articles and more information, please visit OCA's Genetic Engineering page, Millions Against Monsanto page.

Anti-GMO Protests Expected Outside

CREVE COEUR, MO - On Thursday, January 31, 2013, the Monsanto Company 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 patented genetically modified organisms (GMOs). Activists in favor of the measure will demonstrate outside the meeting to raise awareness that the public does not currently have the right to witness what will be the only democratic vote of accountability on Monsanto's leadership because the company bans cameras inside their Annual Shareholder Meeting.

WHO: Anti-GMO Food Activists, Adam Eidinger, Monsanto Shareholder

WHAT: Protest at Monsanto Annual Shareholder Meeting

WHERE: Monsanto Global Headquarters, Creve Coeur, MO, East Campus Entrance on Olive Blvd.

WHEN: Thursday, January 31, 2013, Noon to 3:30PM

"Monsanto pledges transparency, but provides very little," says Adam Eidinger, an organic food activist and Monsanto shareholder who organized a march from NY to Washington, DC on behalf of honest food labeling in 2011. For the second year in a row, Eidinger will present a shareholder resolution on behalf of Napa, California-based Harrington Investments (HII) with help from the Pesticide Action Network of North America (PANNA).

"Companies like Starbucks, Walmart, The Washington Post, Oracle, Apple and Coca-Cola among many others provide the public and media access to their shareholder meetings in one form or another, but Monsanto, a company who's patented genetically engineered products are in most people's food, meets in secret," says Eidinger.

Monsanto Company's website has a page titled "Our Pledge" which includes a section that says: "Transparency: We will ensure that information is available, accessible, and understandable." ( http://www.monsanto.com/whoweare/pages/monsanto-pledge.aspx.)

"By banning cameras from their Annual Shareholder Meeting, Monsanto is flouting its pledge to shareholders who are unable to attend, the majority of Americans who eat the products created by Monsanto Company's patented technology, farmers who are keen to know future plans of their seed & herbicide provider, and members of the media who report on the company," says Eidinger.

Last year Eidinger was forced to sneak an undercover camera into the Annual Shareholder Meeting because safe food activists were concerned about Monsanto Company's lack of transparency. The grainy footage has been viewed more than 55,000 times http://www.youtube.com/watch?v=YvMauD9w5B4 "I shouldn't be required to break the rules in order to uphold Monsanto Company's pledge of transparency," says Eidinger.


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