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PAir1

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PAir1

Re: Ruffieruff post# 45349

Thursday, 11/15/2018 3:24:53 PM

Thursday, November 15, 2018 3:24:53 PM

Post# of 53697
I’m a novice and don’t pretend to understand how a buyout might work, but I seem to recall that there was some safeguard in place to prevent a potential buyout. Seems like it was mentioned when the corporation was moved (Texas to Nevada I think).
The By-laws mention that the Corporation elects not to be governed by the “Control Share Acquisition Statute”.
I also recall the Board issuing a number of shares of preferred stock with xxxx votes per share. I don’t know if these are related.
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