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Det_Robert_Thorne

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Det_Robert_Thorne

Re: Magnum7419 post# 63329

Thursday, 12/13/2018 11:17:27 AM

Thursday, December 13, 2018 11:17:27 AM

Post# of 86313
The 10M shares only bring voting control

The 10M shares of Class A provide voting control of the company, but little else.

We have no idea of the structure of the Class B preferred, so there is no way to know if they could be used to resolve debt, but if they were used for that purpose, then it would still be dilutive to the common, simply because they exist as part of the overall value of the company.

"Soylent Green is people!!!"

Detective Robert Thorn: Telling uncomfortable truths since 2022 

DRT is Charleton Heston's character in the 1973 movie, Soylent Green, set in the year 2022, and is not my real name

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