Replies to post #53028 on DryShips Inc (fka DRYS)

[Net-Man]

"Shareholders" did approve all of the RS's. Of course, GE set that up to be just him via the 100k votes he gave himself through the preferred shares. He diluted himself along the way and the preferred shares were eventually worthless for voting purposes and he gave a small number of them back to DRYS.

Don't see this happening again since GE will own over 70% of the shares by Monday.

[Wildfalls]

These shares have no voting rights. Only the Greek and his family have voting rights. This has been a con from the beginning . Has anyone EVER been to a Co meeting or received any paperwork asking them to vote ? No ! Could he raise the share price ? Of course he could . Who will buy this unless U R a newbie who gets fooled by all the pumping . The MO has been to sell worthless shares and R/S them, rather than borrow money they would have to pay back . There is enough proof of what a scam this Co. is if U do a hours worth of D&D. I'd like to know why some think that Seeking Alpha facts are wrong . Why after 8 R/S, law suits, and ongoing SEC investigation is this a buy ?