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Re: DimesForShares post# 160996

Friday, 07/12/2019 10:51:15 AM

Friday, July 12, 2019 10:51:15 AM

Post# of 282467
“Under my understanding, KT will end up with at least a 84% control of KBLB (400 million from super-voting shares + 20 million from current Class A shares). If we go to the 40-to-1 split, he controls 94% of the company. “

Quarters - Appreciate your thoughts, and as a long time holder, agree with opinions stated as well. However, I am not following your math on the above. If a 40-to-1 split, doesn’t that put the O/S at ~21M shares (835M div by 40). Thus, if the 2 voting shares are worth 400M votes, “substantially” takes a different meaning with essentially 20x voting power of entire O/S (not even counting his 200+M shares that will be effected by the RS). I’m not understanding this element.
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