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Re: pumper_stumper post# 46827

Tuesday, 05/09/2017 10:52:30 AM

Tuesday, May 09, 2017 10:52:30 AM

Post# of 47873
The threshold vote is to first accept the plan. The plan must be accepted first by a 2/3 vote. Then those that voted to accept the plan have another vote whether to reinvest or receive a pro data distribution.

If 2/3 of that vote, vote for reinvestment then all shareholders will be reinvested. Otherwise, there will be a pro data distribution.
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