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In re: Toot-Toot!!! All Aboard the AS Increase Express

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shajandr   Wednesday, 11/20/19 06:10:21 PM
Re: Goodbuddy4863 post# 266673
Post # of 271324 
In re: Toot-Toot!!! All Aboard the AS Increase Express

"I do not believe He has to ask us unless it is a huge increase?"

Rogerusky doesn't EVER have to axe to issue shares (increase the OS - that's a BOD matter only), AND since he controls the majority vote with his SUPERVOTING PREFERRED CONvertible shares, he NEVER has to axe common stockholders for authorization to raise the AUTHORIZED SHARES either.

For example, it's just the SAME situation with a certain Felon-Coyote who holds SUPERvoting CONvertible preferred shares in NTEK - and shareholders there never got to vote on ANY of the numerous AS increases in that dilute-a-thon. Nott one proxy went ~OUTT to common stock shareholders for ANY of the many AS increases done. The insider-held SUPERVOTING CONvertible preferred shares and whatever common shares were held by insiders were a majority on their own - just like in AMFE/FUNN.

Same dealio here. (Imagine if the KTU games are on the same slow boat form China that has the 60,000 NP-1s 'shipped into the retail channel' aboard? WallyMart may NEVER see those KTU games then!)

All Aboard! Next stop - AS increase. Toot-toot!!!

(P.S. - Was my post with the franchising law primer and links helpful?)

And it is heppful to distinguish between AS and OS. AMFE/FUNN is raising both!

Heard of the Empire Builder, City of New Orleans, or California Zephyr lines of Amtrak? Well, here is the AMFE/FUNN Dilution Express line - it always runs at a LOSS, and is underwater

Some heppful links to my own recent posts on these matters:


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