Dear RealDutch,
A very good question.
As i have written previously,
I hold 6.48% plus my wife & 2 kids own 2.78% each.
In total, this aggregates to around 14.82%.
This in addition, I have 27.11% stock held by very close friends, relatives and associates.
This means, around 41.93% shares are under my control.
The other co-founder Mahesh Vellaboyina...holds 12.97% direct holding and 11.78% indirect control (shares placed with his close relatives, friends and associates).
We both together hold 66.68% i.e. 2/3rd equity in the company.
This in addition,
(a) We are eligible for stock options, and
(b) We opted for stocks in lieu of cash compensation between 2016-21 (the 5 year period we put for this company to solidly focus on laying foundation)
In effect, this will offer us control over 78% of the stock.
Dear RealDutch, This company is a professional acquisition.
The company is simultaneously working on,
(a) Substantial acquisitions for SDIRA Customers
(b) Introducing US StockTrading for Indian Customers
(c) Farming,REIT and Infrastructure Investment as Wealth Management Solution
(d) Launching Indian Mutual Funds as Investment Products for US based Indian & South Asia Migrants
(e) Listing viable SMEs on US Markets under Regulation A+
(f) Listing Unsponsored ADRs of Listed & Unlisted Indian Companies on the US OTC
(g) Gold Grams as Farmer primary savings (Aim is to educate farmers to save 10% to 20% of their yearly income into Gold as this could easily be stored and converted into cash in any emergency situations)
(h) Aviation & Logistics Sector - Digitization (targeting 4 airlines and Logistics Company with 100+ million customer database) that draws parallel consumerism into other financial products and service areas we are focussing...
ROME was not built in a day ....But it remains in the history...
We are foreseeing a deep beginning for all of us,
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