Friday, January 06, 2017 1:26:36 PM
For the rest of the gang here, I've got a more practical-oriented thought about VHUB. It wasn't that long ago when VHUB's issued and outstanding common shares numbered around 67 million, such that the combined holdings of two Winthers and one Perlingos of 38 million shares constituted a majority.
Now, that 38 million shares in the numerator is matched with a little over 90 million in the denominator due to debt-conversions. ...which means that in order to sell the assets of the company (or sell the company itself, for that matter), I do think there'll need to be a shareholders meeting, or at least some formal attempt to secure a majority of the outstanding shares to be in favor of the proposed transaction. So get your questions and your popcorn ready!
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