InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.26
(
-0.15%
)
Bitcoin
60,913.04
(
-0.87%
)
Post# of 83044
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

The Virtual Cat

Send PM Follow Ignore
Followers 3
Posts 357
Boards Moderated 2
Alias Born 05/18/2004

The Virtual Cat

Re: spongiformbobsqpants post# 54374

Wednesday, 02/10/2010 9:44:09 AM

Wednesday, February 10, 2010 9:44:09 AM

Post# of 83044
I'm sure they did. With a Nevada corp you just need a majority of the shareholders to constitute a shareholder meeting and they don't even have to announce it in advance or have any other shareholders in attendance. So if Mark and a few other officers control 51% of the shares they can meet for coffee at Penny's Diner and decide to increase the A/S.

At least that's how I understand it.

=^..^=


Cats are intended to teach us that not everything in nature has a function. - Unknown

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up