Asia Broadband Inc (AABB)

[motleytool]

More musings regarding the WC note. The original note had a "buyout" clause. As soon as the float owned by retail exceeded the shares owned by the beneficial owners, a vote was required every time WC shares were converted and the authorized shares raised. Very few knew this. When some of us began posting the actual details of the note from the filings and the issue regarding the controlled voting interest being owned by all you retail longs, magically the board bought preferred's with 1-100 voting rights. Every share converted and sold via WC after retail controlled 51% of the company required a shareholder vote due to the buyout clause of the note. Even the preferred's reqired a shareholder vote as retail technically owned 51% voting interest in the company prior to the preferred share sale. You guys could get all this money back if you focused on the real crooks instead of the imaginary "evil dirty MM's" .