InvestorsHub Logo
Followers 375
Posts 16984
Boards Moderated 4
Alias Born 03/07/2014

Re: Gaintrader post# 14090

Wednesday, 03/11/2015 11:45:09 PM

Wednesday, March 11, 2015 11:45:09 PM

Post# of 106838
A) There's more than 585 million insider voting shares (add up all Northstar LLC preferred share votes, plus Northstar LLC non preferred share votes, plus all the shares held by the insiders outside of Northstar LLC- it's a whole lot more than 585 million)

b) When one subtracts out the insider votes from each total votes cast- it shows that most common shareholders didn't even cast a ballot (O/S share count - common shares held by insiders - the Northstar preferred share voting block count = not many non-insiders even cast a vote). The vast, vast majority of the total vote count in each case is the insider held voting block. Thus again, it MADE NO DIFFERENCE who voted other than the insiders- the die was cast with or without the public (non insider votes) being cast or not- they make no difference.

It makes no difference what the ratio of the "for" or "against" non insiders vote count was- they had no power to sway anything one way or another. It makes no difference- it's a moot point.