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Re: fxsho2008 post# 36688

Tuesday, 04/19/2016 4:41:08 PM

Tuesday, April 19, 2016 4:41:08 PM

Post# of 45711
I didn't say 50B preferred shares. There are 5M preferred shares, each worth 10,000 shares of common stock. He has 3M. His lawyer has 1.5M. When they vote together it's 45B... tough to lose a vote if you're him. Not sure where the other preferred shares are.... sold them off or gave them a way or has them stashed away. He can eliminate 7B shares if he wants, but as long as he has those preferred shares nothing changes.

Everything in this post is my own personal opinion. I do not claim to have any expertise or knowledge that would allow me to provide followable advice.