Monday, December 07, 2015 2:57:42 PM
Why let it get to bankruptcy.
Any shareholder or group of shareholders who own 51% of a stock controls the company. Meaning, pulling together and forcing a sale or at best, pushing Apple to exercise last right of refusal. Pulling together, we can also name the BOD.
According to Yahoo Finance there are around 477,150,000 shares outstanding a float of 434,359, 000 and only 10.15% held by insiders. Institutional holders are also very low.
Could it be that hard to find the majority to make the changes?
Maybe Visser would have interest since he knows how to make $ and would have a level of motivation.
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