Replies to post #11212 on Born Inc. (BRRN)

[user134247]

The Indirect Owners hold approximately 20% in total

Indirect holder % are companies that hold shares in a company that holds shares in The company

FIVET CAPITAL HOLDING AG

CONTROL PERSON

PARTNER (since 09/2013)
Owned through: SANOSTRO HOLDING AG
Ownership Percentage: 75% or more

GOFEFROY NMN SCHRAGO

COO (since 09/2013)
Owned through: SANOSTRO HOLDING AG
Ownership Percentage: Other

JOHANNES MINHO ROTH

CONTROL PERSON

PARTNER (since 09/2013)
Owned through: FIVET CAPITAL HOLDING AG
Ownership Percentage: More than 50% but less than 75%

VINCENT PAUL COUSON

PARTNER (since 07/2014)
Owned through: SANOSTRO HOLDING AG
Ownership Percentage: Other

WOLFGANG NMN BATT

CONTROL PERSON

CEO (since 09/2013)
Owned through: SANOSTRO HOLDING AG
Ownership Percentage: More than 25% but less than 50%

[horst]

Fivet owns its stake via another entity, Sonostro Holding AG - i.e. that direct owner is owned by Fivet Capital Holding AG. This relationship is what makes FiveT an indirect owner. I'll try my best to explain.

Direct Owner:
SANOSTRO HOLDING AG
CONTROL PERSON
SHAREHOLDER (since 09/2013)
Ownership Percentage: 75% or more

But wait, who owns that Direct Owner? Ah, that's important too!!!

Indirect Owners
FIVET CAPITAL HOLDING AG
CONTROL PERSON
PARTNER (since 09/2013)
Owned through: SANOSTRO HOLDING AG
Ownership Percentage: 75% or more"

This says specifically and literally using very clear language that Fivet Captial Holding AG OWNS 75% or more of Sanostro through Sanostro Holding AG

In other words, FiveT Capital Holding AG owns its 75% or more of Sonostro through Sonostro Holding AG. That's what makes FiveT Capital Holding AG an *indirect owner*; they own it through another entity, and thus it's by definition indirect ownership. That's what indirect ownership literally and exactly means.

Oy vey. I won't argue this. It's just a simple fact.

Fivet Capital Holding AG also purchased the $QUTR control bloc btw.

H