InvestorsHub Logo
Followers 2
Posts 328
Boards Moderated 0
Alias Born 02/18/2017

Re: redspinelpinktopaz post# 44209

Tuesday, 07/25/2017 1:25:53 PM

Tuesday, July 25, 2017 1:25:53 PM

Post# of 58072
No... No ... & No... I am saying he needs another authorization to do more than a 1 for 4 R/S ... Which if he has control of voting is simply a rubber stamp...

Currently it looks like he has lost his voting majority if reports that his preferred shares are being diluted as well are correct as I think they are due to the stated amount in the law suit filings...

However... I expect DRYS board of directors all GE friends and family as I understand will just sell/issue him more preferred super voting shares and he will regain control of voting again somehow and approve more R/S



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.