InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,064.20
(
0.91%
)
US TECH 100
17,173.20
(
1.85%
)
Dow Jones
38,225.66
(
0.85%
)
Brent Oil
83.89
(
0.30%
)
Bitcoin
59,037.76
(
-0.14%
)
Post# of 68822
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Krysti

Send PM Follow Ignore
Followers 39
Posts 2702
Boards Moderated 0
Alias Born 09/20/2010

Krysti

Re: None

Friday, 10/02/2015 6:40:37 AM

Friday, October 02, 2015 6:40:37 AM

Post# of 68822
Rainco controls REVO, and Solomon Ali controls Rainco.

Ron Carter issued preferred shares to Rainco, when REVO 'bought' Greenwood.

The terms of those preferred shares limit the decisions REVO directors can make without the permission of Rainco.

Solomon Ali uses his control of Rainco to control REVO.

Simple.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up