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Re: Biotechotcguy post# 20084

Friday, 08/04/2023 4:39:36 AM

Friday, August 04, 2023 4:39:36 AM

Post# of 21147
Agree! Mgmt should do something like a share buyback or so at these prices or at least find a way to manage the preferred shares. Since the RS the holder of the 20M preferred shares has the majority in the case of conversion. I think that was the original plan with the RS to get Hypur in a position as a majority share holder bc th RS didnt touch the preferred shares. Then with the new bylaw the BOD is in the position to increase the authorized shares without shareholder approval and as we knew Galvin was part of the BOD (for Hypur). So hypur (ventures) was indirectly in the position as majority shareholder. But whats now? We know Hypur isnt anymore. What happens with hypur ventures? Who is holding the preferred shares? Who is indirectly controlling BLPG? Dan WHO? I think BLPG should cancel / buying back the preferred shares and they should give the shareholders the approval for the authorized shares back.