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lennylovespenny

06/16/14 4:04 PM

#38815 RE: Sooah #38814

Manu has no more voting shares. the BOD had/has the power to re-asses this. He now only has common shares.

Debbie had A good post (with quotes from the filings) about it
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Let's See The Profits

06/16/14 4:07 PM

#38820 RE: Sooah #38814

manu holds 10 - shapiro holds 40 so who can out vote who? stupid post
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TESLA777

06/16/14 4:07 PM

#38821 RE: Sooah #38814

Those preferred shares that MANU got originally from the merger with Kumaran Holdings LLC were valued at 1.00 per share, so those preferred shares would be worth 10 million USD, my question is did they change the dollar value of those shares when they structurally changed the voting rights to them from 25 to 250 votes per share?? or did the board just change the value of those shares when they gave Jake 40 million of them??