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Trompete

02/26/18 5:38 PM

#34303 RE: Simsim99 #34300

forget it, they have some left to 500 mio, so can issue same weird papers with 1000x voting power:D actually did it last time

Jarhead7

02/26/18 5:51 PM

#34308 RE: Simsim99 #34300

Are you married? That is the best analogy I can think of. Often, it was wise to just let my ex-wife think that she made the decision on matters. Even when I knew which way something would work out, it would be a bad idea to say so. As long as she chose the option that was going to happen anyway, a lot of fighting was avoided. If she chose the option that I was against, then the battle ensued. Of course, she usually won anyway! But sometimes I was able to steer her to my side of an issue without stating which side I was on. On those cases, the disagreement was avoided altogether.

If they put it to vote and the shareholders vote yes, the shareholders feel like we have the power and it was our choice. If we make the choice that they do not want (a no vote), they simply move on with it anyway. By putting it to vote, they basically have a 50/50 chance of keeping some peace. In my opinion, it is just for show. They have the votes but at least have some slight sliver of decency and are at least going to offer us the crumb of a 50/50 chance of feeling like it was actually our decision when the reverse split goes down.