InvestorsHub Logo
icon url

StockItOut

10/11/18 10:13 PM

#33266 RE: Erbb #33265

My mistake, thought you referenced reserve shares, which I did state.
icon url

chereb19

10/12/18 3:59 AM

#33277 RE: Erbb #33265

Totally with you here, people are over estimating the power of the Preferred shares

There are 20500 preferred shares each with voting power of 3205 votes

20500*3205 = 65,702,500 out of 1.3billion O/S float = 5% of vote

Last R/S it was as follows

65,702,500 out of an O/S float of 249mm = 26% of vote