Futuris Company (FTRS)

[Pennies From God]

Thanks. I got that. It probably had something to do with the RLBY play, and they just want to CYA. (No voting rights).

I'm still not sure if the company had to notify all the shareholders by (PR) about the transaction before the deal(s) are struck, and to make sure the common shareholders voting rights are protected?

I'm sure you already know this, In theory common shares are accumulated by common investors (us) with the assumptions that all known information is current and published (disclosed) before hand so the common shareholder can make an informed decision as to purchases or sell that stock.

So in essence, the M Series preferred stock was just disclosed, but what remains is when did they use it and with who? Additionally, can / will common shares be converted as well without public disclosure before that would that place?

I need to do some more research on the M series and its rules.

Thanks again.

GO-FTRS
GO-DR.DOKI
GO-SURESH
GO-PREYA