Replies to post #61961 on MedSmart Group Inc (MSGP)

[PENNYPUNCHER]

Are you serious!! Wal-Mart has a board of Directors that every decision has to be pass through because the shareholders have 51% or more ownership of stock. Not to mention, voting rights that pays a dividend back to the shareholders.

Adel owned the controle block (51%+) and he can decide to do whatever he wants no voting privileges required.

This is 101 stuff man come on...

[PENNYPUNCHER]

You’re right. Execution clause, provision clause, safety clause. They are all used in negotiating but like you said, we will have to wait till the filings to see.

[midtownmurphy]

LRD what your trying to say is "if" a company like Walmart did a RM into a bastardized SHELL they could go private whenever they want? The answer is NO. Typically these agreements are anywhere between 3-6 months. Hope this help you out