Thursday, July 14, 2011 1:19:04 PM
By doing so, black can then have majority stake in shares.
This will then enable him to manipulate the company anyway he wants - including shutting out the remaining shareholders who held out.... thus, their stock is essentially worthless.
Also, keep in mind that the share structure has been dilited by another 100M shares. Why you ask?
Because dilution enables a majority stake.
All longs are essentially screwed. You may thank your CEO idol for this.
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