Featured Image Credit: pinterest
The United States Securities and Exchange Commission (SEC) has issued a “no-action” letter to SeaWorld Entertainment, after PETA prepared to release a ridiculous request at an upcoming shareholders’ meeting.
Typically investors who own a certain percent of stock in a public company can propose a change or enforce new company-wide regulations, and in turn public companies can look to bypass this process with help from the SEC.
In this case, PETA issued a radical and uneducated request, leaving SeaWorld no choice but to seek a much needed exception from the SEC.
What is the “request” you ask? Once again… PETA would require SeaWorld to retire their resident orca whales to a sea pen… and lead to their imminent deaths.
“In our view, the proposal seeks to micromanage the company by probing too deeply into matters of a complex nature upon which shareholders, as a group, would not be in a position to make an informed judgment,” SEC attorney Mitchell Austin said in a letter. “Accordingly, we will not recommend enforcement action to the Commission if SeaWorld omits the proposal from its proxy.”
As we’ve discussed previously on Awesome Ocean… sea pens are NOT the magical solution of activists’ dreams. In fact, they’re a breeding ground for infectious strains, bacteria and microbial pathogens that would absolutely wreak havoc on captive populations. Wild populations of orcas have been living and acclimating their immune system to said strains for generations and exposing captive orcas would be a definitive death sentence.
Don’t let PETA fool you. While they’re parading naked women around covered in paint, behind the scenes they’re killing thousands of animals and keeping it from the public. PETA purely believes that they are providing the gift of death to animals that are unwanted. In 2016… PETA rescued 2,007 animals…and euthanized over 1,500.
On the other hand, SeaWorld rescued 2,150 animals in 2016 and does not euthanize unwanted animals. Their number one goal going into a rescue situation is to REHABILITATE and RELEASE the animal.
The numbers get even more shocking…
Since SeaWorld’s inception over 50 years ago, they’ve rescued more than 30,000 animals. AND since just 1998… yes less than 20 years… PETA has killed more than 36,000 animals. It makes you wonder, what is PETA actually doing with their celebrity endorsements and $15,000,000 in donations.
Well we know what they AREN’T doing… PROMOTING THE ETHICAL TREATMENT OF ANIMALS.