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Re: Bourbon_on_my_cornflakes post# 410039

Wednesday, 04/05/2023 7:29:15 PM

Wednesday, April 05, 2023 7:29:15 PM

Post# of 470679
I believe they could hold off whoever they want whenever they want with the blank check preferreds regardless of shareholder voting.

Please correct me if I’m wrong on this. I believe 1 share of the preferreds can be converted up to 10 million share or votes. Not sure about the finer details on how shareholders would be affected.

However, from what I can tell, they are safe from any and everyone.

Blank check/carte blanch

That gave Missling a lot of power. Maybe too much.
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