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Alias Born 10/29/2008

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Wednesday, 12/10/2008 4:36:40 PM

Wednesday, December 10, 2008 4:36:40 PM

Post# of 5162
Finally did some more homework on the percentage ownership question asked some time back, and according to what I have been able to find online it sounds like you have to go by authorized shares for percentage ownership. That is why sometimes companies will keep over 50% of their authorized shares locked in the treasury so to speak in order to avoid a hostile takeover. Someone correct me if I am wrong, but wouldn't that mean that Mr Browning would need over 500,000,000 shares in order to gain 50% control? Thats supposing the true A/S value is 1 Billion shares.

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