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Saturday, February 04, 2012 11:30:39 AM
Do the voting shares they have, have a lifetime on them? Are they good forever? What if these guys have been told that having these voting right shares is negatively impacting the company, or a buyer says you must get rid of these voting right shares..
So bam, they quickly draw up a plan to bonus themselves as many shares as possible, because without the voting shares, they don't own 51% of the common stock and can not control it.
Next they realize that even after this bonus, they don't have as many shares as they need to maintain the 51% and fulfill all of the convertible shares, so they authorize another 1.5billion to cover this....
PIcture this..
-Acquisition of Investment Firm
-Walmart Rollout/MMA Elite online purchases available
--Walmart Paired with UFC autographs
-Positive Q4/Year end financials
-SEC filing removing the voting shares, leaving a must have 51% common shares to control company
What do you think this kind of news will do to the PPS?
just a possibility that my brain has conjured, feel free to comment good or bad..
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