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Re: roytoy6969 post# 65631

Sunday, 08/23/2020 12:49:26 PM

Sunday, August 23, 2020 12:49:26 PM

Post# of 113741
Slilaty owns 50% of the Class B preferred shares. That gives him a majority in voting shares. He owns 50% of the Class B, (500,000) out of 1M Class B voting shares. The company eliminated the Class A shares in an earlier AoI amendment.

If someone bought 101M shares, they would own a controlling stake in SBFM using common shares. It is impossible to own more than what you said.

500,000 is not greater than 3,000,000,000.

Outstanding Shares in SBFM is presently 200M, with approximately 185M registered with the DTC. This is the most current share structure according to the 10-Q released last week on 8/18.

Math 101
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