I don't know Jim's exact stake in LLBO. So, I cannot speak on it. However, being the CEO, don't be mistaken that he does control LLBO and the patents. As I said before, he created FWS. That right there shows the control he has with LLBO to set that up. And I believe he owns common and preferred shares. Don't quote me on that though.
However, Right NOW LLBO owns the largest stake at 40%. Even if it did drop to 20%, it would be for the intentions to raise the value of the overall company Cyrcadia, and thus the shares.
Just keep this in mind... LLBO is leasing this technology to Cyrcadia, and so, you can assume there is a contract in place for the terms of the lease of the technology, the royalties to be paid, along with a percentage from sales. So, when this agreement/lease ends LLBO can decided to renew it with Cyrcadia or move on. Knowing this, who would you say has the true power/ control?
If it is my football and I allow you and your friends to play with it for a time... When I decide to go home... Who is keeping the football? Get my drift?
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