InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
58,147.69
(
0.44%
)
Post# of 202893
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

al44

Send PM Follow Ignore
Followers 69
Posts 87139
Boards Moderated 1
Alias Born 03/29/2001

al44

Member Level

Re: Lurker from Mars post# 180763

Saturday, 03/06/2010 4:18:31 PM

Saturday, March 06, 2010 4:18:31 PM

Post# of 202893
Hey Lurker, nice post of your thoughts. The only thing I would want to add is re: buyout. The common shares are not in control of the company. Clint has a lock on the preferred which has voting control of the company. A buyout would have to wrest control of the preferred to control the company. Now if we go to a higher exchange that will have to change. Companies listed on the 3 higher exchanges are not allowed to control the company thru super voting rights on a preferred stock. The common stock must become available to vote on required company business. This is my impression. If wrong please correct me.

.........al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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