Replies to post #21989 on Houmu Holdings Ltd (HOMU)

[Ivegotanace2]

If the new owner owns 93% controlling interest that the 750M would be the remaining 7% IMO

[Imagineer66]

The 10-Q said that the preferred at 100:1 ratio to common represented 93% of voting shares. So,

100,000,000 preferred * (100 p/c) = 10B common voting shares
10B / 93% = 10.752B total shares
10.752B - 10B = 752M shares

[alstocks]

A “wei tian” involved IN EV industry...

Check it out

https://scholar.google.com/citations?user=nvBMQ5YAAAAJ&hl=en

all dd sleuths please help... if this is the guy

WOULD be huge for share price

Still DD’ing

Good luck to all