Followers | 228 |
Posts | 12530 |
Boards Moderated | 0 |
Alias Born | 08/14/2009 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, October 02, 2013 2:25:55 AM
If a vote came now at company level for shareholders!!
They could get thrown out!! All of them!!
The problem these officers and directors have now is they have only ONE CLASS of shares at this time!!!!
COMMON!!!
If they need more money for company to pay bills!! They will need to dilute!!
Yes it could go to 100 million shares A/S!!
BUT!!!! That means SOME BIG POCKET INVESTORS will start buying them up!!
And a hostile take over will result!!
That could even come into play right now!!
As O/S is about 6.8 million before the exceptions!!!
And a LARGE shareholder could come out and demand a shareholder's meeting if they own more than 50% of company!!!
GLTA
ID
FEATURED Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM
Peer To Peer Network aka Mobicard™ Launches AI Investor Chatbot Boosting Engagement & Lead Generation on Ihub • PTOP • Jul 15, 2024 8:30 AM
Greenlite Ventures Announces AI Integration into No Limit Platforms • GRNL • Jul 15, 2024 8:00 AM