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Tuesday, November 03, 2015 7:08:40 PM
The guys that hold big positions are as frustrated as the small shareholders.
They tried taking over with a NJ resolution that states that over 50% of the shareholder vote, they can remove the mgt etc.
Unfortunately one of them sent by mistake the signature to Bion.
That is the reason that the MF Carlos, issued another 100m shares that can vote 5:1, thus giving him and the board over 50% of the outstanding.
Of course it adds up to his illegal actions, but there is nothing to sue.
I really hope that you are right about the rumor and they all go to jail and also pay penalty.
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