Replies to post #97958 on NaturalShrimp Inc (SHMP)

[eqinvestor]

Josh, that is factually and legally incorrect. I'll keep it simple for you so you can follow along. If IBM owns 100,000 shares of GM, those shares are owned by IBM. IBM is the legal shareholder. They are not owned by the IBM shareholders. The preferred shares are owned by a NaturalShrimp Holdings. They are not owned by a NaturalShrimp Holdings shareholders. Therefore, the settlement only has to be endorsed and agreed-upon by Gerald Easterling. Now, I'm not saying that the share structure is not a cluster Frack. I am also not saying that Gerald doesn't have an incredible conflict of interest. It is truly mind-boggling. However, only Gerald needs to agree to the settlement because he is the board and he controls NSH. He makes his decision based on making a business decision which every member of every board of directors of every corporation has that right. His NSH shareholders can question his wisdom but he makes the decision.