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Friday, December 18, 2020 10:00:44 AM
What is also true is that there are up to 19B VOTES. Please understand that it is distinctly NOT 1 share = 1 vote. Each Preferred shares is worth 100 VOTES.
So 100M Preferred shares * 100 votes/share = 10B VOTES
9B common shares * 1 vote/share = 9B Votes
10B VOTES + 9B VOTES = 19B VOTES.
I agree, Traders aren't stupid. The bears on the board are trying to confuse people though.
There can’t be 10 billion preferred shares when there’s only 9 billion shares to begin with so again I ask why the fake numbers? Traders aren’t stupid.
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