Am I interpreting this pre-proxy info right? Table on page 48 CCEL/the Portnoys have 12.6% Red Oak/Sandberg has 30% and they do not mention https://www.sec.gov/Archives/edgar/data/1289496/000161577418001282/s109098_sch13d.htm in which the California buyers disclose they own 30% (Based upon 1,272,066,146 shares of Common Stock issued and outstanding as of November 3, 2017, as reported by the Issuer in its most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2017, filed with the SEC on November 13, 2017.)
So Red Oak/Sandberg + the California people = 60% Even if CCEL voted no, its still passing, right?