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corner49

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corner49

Re: thedon88 post# 14175

Wednesday, 05/14/2014 6:17:25 PM

Wednesday, May 14, 2014 6:17:25 PM

Post# of 59026
No.

1. The 52% are restricted shares
2. That is a rather convenient number if it is unintentional. Proxy fights require a simple majority. 52% prevents a hostile takeover.
3. Diluting an already undervalued public company without a controlling interest would be a bad idea
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  • 1M
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