Replies to post #64850 on Asia Broadband Inc (AABB)

[alidare]

Could something like this happen here?

“What is a Dual-Class Share.”

“In fact, Class B shares are often referred to as the founders’ class because they are reserved for people who created a company. In turn, Class B have more voting power than Class A. It may also be the case that Class B shares are given to special partners and investors. As such, this category can also be referred to as “advisor class” shares.

Labelling them as “founder” and “advisor shares” is a good way to remember that they are reserved for a few influential figures within a company. Therefore, anyone within this category has more voting rights than people with Class A shares under a dual structure.”


Summary

Dual-class shares may be controversial, but they are used by several big companies. The main things to keep in mind about a multi-class share vehicle are:

That a dual-class share structure gives more power to one set of shareholders
Certain shares will be tradeable by the general public and have less voting power
Others will be restricted to certain people and have more voting power
That is the nature of a multi share class vehicle, which is an aspect of stocks and share structures that is worth being aware of.



https://www.etoro.com/stocks/dual-class-stocks/

[PENNY PIRATE]

mert ... There have been "Rumors/Theories" posted here as to how AABB Management might Reduce/Retire the OS! Yes, Conventionally you would be Correct, but if the Financiers/So called Toxic Note holder is as AABB Friendly as some have mentioned, there are other possibilities IMO! I don't see any other way since some say a RS is not going to happen! Buying back shares on the open market will take time, but that is always a possibility LONG TERM! We'll have to wait and see, but IMHO, I like ThirdEyeAnalysts Opinion/Theory! Ask Yourself why a Financier would invest in a Company they want to see Fail! Also why would Management not fix the problem before executing on all the Developments and Progress to date! I think any Debt is under control and Management has already made arrangements for the OS Reduction behind the scenes! :)