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Re: NoSanction post# 14822

Sunday, 08/14/2022 9:25:13 PM

Sunday, August 14, 2022 9:25:13 PM

Post# of 15917
Are you kidding me right now? A minority owner is anyone who owns less than 51% of the outstanding shares. Generally, one who owns 20% or more gets certain voting rights and a seat on the board, but he's not even on that level. He's a non-entity as far as the corporation is concerned. Same as if you bought 40M shares tomorrow. It means nothing. You don't get any sort of control of the company.