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Divest

10/07/20 9:44 PM

#64646 RE: uber darthium #64645

I'm glad that you highlighted the phrase that disproves your argument. Every single AS share is available for future issuance, including the 124 million shares currently issued, that the company is purchasing with preferred shares. So 124 million shares are being removed from the OS, now if the company someday needs to purchase another company etc. it can call on Klug to convert his preferred shares as opposed to simply converting other shares in the AS.
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Buttercup5

10/07/20 9:45 PM

#64647 RE: uber darthium #64645

MAYBE this is something that every CFO and CEO should do - give them 10x voting rights- pay themselves dividends and give them selves preference on liquidation . You know why they don't- BECAUSE it is CRIMINAL