He didn't buy anything. Better DD is required. He was awarded preferred shares that gave him, the CEO, Dr Slilaty, the CONTROL vote...
...he can, upon buyout, or whenever, do anything he damn well chooses...exchange that Series B for 101% of the then OS common...and then charge the BUYOUT entity $3 per share, landing him $786,000,000 (262m+1% x $3) and reward us, the shareholders that bought the convertible debt, cleaned up the company books...for new friendlier funding...with the other $786,000,000 split (262m x $3) being applied to our shares (by $3x)...
That's what a cancer cure does. Don't worry about Dr Slilaty's cut. Worry more about your own...by the way...what are the huge salaries you claim that the CEO, CFO and COO are receiving? Thanks...
When you cure cancer you are rewarded handsomely.
The $786,000,000 isn't enough.
How much is that slug Bezos worth? What did he cure? Surely, frankly...not his excessive greed...and being a world-class asshole, lol...
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