InvestorsHub Logo
Followers 55
Posts 3396
Boards Moderated 0
Alias Born 11/04/2008

Re: sideout25 post# 57236

Friday, 05/26/2017 12:26:07 AM

Friday, May 26, 2017 12:26:07 AM

Post# of 64445
Already said. Just plain Adel could retire his shares. Adel owns 3.2 million. He could also do a share reduction by converting every 100 (or whatever amount) shares to 1 share of series D preferred with 100 (equal amount) votes keeping majority voting power. 5 years restricted. Restaurants are profitable so retirement really makes sense. I believe TTCM did same thing.