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lizzy241

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lizzy241

Re: CaptBeer post# 401047

Saturday, 02/04/2023 10:00:46 AM

Saturday, February 04, 2023 10:00:46 AM

Post# of 424693
capt. i realize I'm coming in late with my rely but the way Ed McCarthy explained the 67% of voting shares is based on the outstanding and not the actual votes that are counted at the GM. There are curtain guidelines a company must follow and if they don't have 67% shares outstanding eligible to vote which Amarin has. The votes needed for Sarissa to win is called a quorum. It's very confusing but if you're so inclined please email DF King and ask for Ed McCarthy he will explain and answer all your questions. Hope this helps.
The institutional traders were instrumental in getting that rule changed.
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  • 1M
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