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worthylion

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worthylion

Re: Myth post# 100723

Sunday, 12/11/2016 12:46:27 PM

Sunday, December 11, 2016 12:46:27 PM

Post# of 105534
They just need a majority of votes cast to elect a director. To sell the company I believe they need a majority of outstanding shares which is a higher hurdle. Whether CCEL votes in favor or opposes a sale could matter as they are 2nd largest shareholder at 8-9%.
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