UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported): April 17, 2013


CORNERWORLD CORPORATION

(Exact name of registrant as specified in its charter)



Nevada

333-128614

98-0441869

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(I.R.S. Employer
Identification Number)


13010 Preston Road, Suite 100

Dallas, Texas 75240

(Address of principal executive offices) (zip code)


(888) 837-3910

(Registrant’s telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.07.

Submission of Matters to a Vote of Security Holders.


The Annual Meeting of Stockholders of CornerWorld was held on April 17, 2013. The holders of 116,138,929 shares of common stock, representing 73.8% of the outstanding shares entitled to vote as of the record date, were represented at the meeting in person or by proxy, and this amount represented a quorum. At the meeting, four proposals were submitted to CornerWorld’s stockholders, as more fully described in CornerWorld’s proxy statement filed with the Securities and Exchange Commission on February 22, 2013 (“Proxy Statement”). The final voting results for each proposal are set forth below:


Proposal 1


The individuals named below were elected as Directors of the Company:


Individual

For

Withheld

Broker Non-Votes

Scott N. Beck

106,241,984

121,000

9,775,945

Marc Blumberg

103,689,094

2,673,890

9,775,945


Proposal 2


To adopt a non-binding resolution to approve the compensation of our named executive officers:


For

Against

Abstain

Broker Non-Votes

106,060,785

302,199

0

9,775,945


Proposal 3


To consider an advisory vote with respect to the frequency of a stockholder vote to approve a non-binding resolution to approve the compensation of our named executive officers:


3 Years

2 Years

1 Year

Abstain

Broker Non-Votes

103,292,461

110,000

2,875,189

0

9,775,945


Consistent with the vote of the stockholders, the Company has decided to hold a non-binding vote every three years with respect to approving the compensation of our named executive officers.  The next required vote on the frequency of stockholders votes on the compensation of executive officers will take place at the 2016 annual stockholders’ meeting.


Proposal 4


To ratify the selection of Schumacher and Associates, Inc. as the Company’s registered public independent accountants for the year ended April 30, 2013:


For

Against

Abstain

Broker Non-Votes

116,138,929

0

0

0


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SIGNATURES


Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

CornerWorld Corporation

 

 

 

 

 

Dated: April 23, 2013

By:

/s/ V. Chase McCrea III
V. Chase McCrea III
Chief Financial Officer


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