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Tuesday, October 27, 2015 7:26:03 PM
The Foleys control the Series A Preferred shares and the votes from those supervoting shares.
The 'proxy' is just a SHAM for the company to say "we put the R/S to a shareholder vote and shareholders approved it".
Boolsheet. It's a farce. The Foleys with the supervoting Series A Preferred control it all along - but they think the medicine will go down better if the company says "hey, we asked shareholders and they voted to do it" - even though every single common share could vote NO and the RS would still pass.
It's all for show. Pure BS.
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