Wednesday, January 17, 2018 5:30:30 PM
Why would they hold onto any common shares? Even someone owning 100% of the common shares has no control over the company because of the super preferred voting control.
As soon as ViaOne can dump the shares, they are going to dump them. The only thing that will stop them from dumping shares would be if the stock falls to $0.0001 and there is no bid because the muppets have run out of money to buy the decorative common shares. Of course, if that happens the company will just do another reverse split and run the whole playbook for the 3rd or 4th time where insiders make a few hundred percent for dumping convertible preferred and the muppets get heavily diluted decorative common shares that they can't even sell at $0.0001 because the market has gone 'no bid'.
Louis J. Desy Jr.
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