Replies to post #42499 on Houston Natural Resources Corp (HNRC)

[num1inv]

The links you posted explain how 20% can be majority.....

Usually this means having at least 50% plus one share of a company with publicly traded stock. But in case none of the other shareholders own significant amount of share, majority control may be achieved by owning a much less percentage of shares, e.g. at least 33% plus one share.

...the link you provided...
http://www.mbaskool.com/business-concepts/finance-accounting-economics-terms/6793-majority-control.html

...so no one else owns more than 20%....