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Re: H_dog_taco post# 193892

Monday, 08/17/2020 11:45:22 AM

Monday, August 17, 2020 11:45:22 AM

Post# of 203913
The fact of the matter is that the company has wide reaching abilities under their articles of incorporation to determine how things work with regard to the share structure etc. Everyone has failed to understand that with the latest proxy the company has determined that the 44 million shares that Sunbeam holds which haven't been converted will still have voting rights on option 1 and 3 in the proxy but not option 2..which is the A/s increase...Why the company would grant voting rights just on the RS and not on the AS is baffling to say the least....

Any everyone here missed this in the latest proxy update....

So the best we can now hope for is a yes/yes..because the RS is a slam dunk..1 for 20...that passes regardless...

The other puzzling thing is that the company doesn't need a vote in order to increase the A/S

But we may still be able to push through the As increase...which is fundamental to not damaging current shareholders however with the RS going through we all now should realize that current shareholders are now to be considered collateral damage and of no importance to the company.

I am pissed!