Alternus Energy Inc. (fka ALTND)

[my2Mustangs]

Shareholders are never asked when the CEO or other insiders control the vote with preferred shares, like here at WDAS.

Watch for the "written consent" phrase to be used in a disclosure or a statement.

The funniest part is that Fabio supposedly converted the vote control shares into common shares, remember? So legally, his common shares ended up being reverse split too, while the preferred shares aren't affected by a RS. No matter, he'll just approve giving himself more of the common shares too and there's nothing common shareholders can do about it, except complain to the SEC and/or FINRA.

In all reality though, he still had vote control and all he has to do is to approve giving himself back those preferred shares or any part of them he deems needed to continue controlling the vote.

Maybe Fabio will approve the "acquisition" of another of his private companies to receive more shares of preferred and common again.

Vote control is always in the hands of insiders in share selling schemes and if the shoe fits....

Tried to warn from the very beginning.
GL