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Re: J_Dean post# 620

Saturday, 12/30/2023 10:58:32 AM

Saturday, December 30, 2023 10:58:32 AM

Post# of 661
I forgot to mention a VERY important point. Hellix is a public business entity with shareholders. It's not a private mom and pop deal where you can hand the business over to a son or daughter upon death. There are no shareholders to consider in a private business entity. The focus has been on Frank for so long the perception might be he owns Hellix. He is a major shareholder with a controlling seat on the board of directors. That doesn't make him the "owner". Frank's son has zero say in any business decisions at Hellix. He doesn't sit on the board nor am I aware he owns any significant shares. Frank has no legal right to appoint him to any position on the board. -Lamont