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exwannabe

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exwannabe

Re: dennisdave post# 699351

Tuesday, 06/18/2024 1:23:01 PM

Tuesday, June 18, 2024 1:23:01 PM

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It would be against SEC regulation IF Powers and the holders of the 600 million shares you mention agreed to vote on Powers her wimps in exchange for discounts. However it would not surprise me


They had such a deal in 2017. The buyers of the Pref A's got a better deal than the Pref B's, but had to agree to vote with LP on the subsequent share raise issue.

https://www.sec.gov/Archives/edgar/data/1072379/000114420417062799/tv480895_ex10-2.htm
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