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jotuk6771

08/09/14 4:12 AM

#53936 RE: jjphillips #53928

The key words are : (...)which combined represents 65.27% of the voting power of our outstanding shares of common stock

They are holding the majority ( more than 50% of the voting rights(489M on 744M ) , so ,in this case , no vote is needed , they have the power to decide without our consent.

You should try to ask to Bob about it , but it's my understanding.