Replies to post #697084 on NorthWest Biotherapeutics Inc (NWBO)

[QL300]

You are so dumb you have no idea what that article means. It states that a minority shareholder can be deemed a controlling shareholder for purposes of adherence to fiduciary duties similar to a director. Read the implications section you idiot. It has NOTHING to do with actual control. Keep digging yourself in a bigger hole you moron.

Implications of Controlling Stockholder Status
When a controlling stockholder is involved in a transaction, there are two primary consequences: imposition of fiduciary duties and enhanced transaction scrutiny. Under Delaware law, stockholders typically do not owe fiduciary duties.19 However, because a controlling stockholder effectively controls the company,20 a controlling stockholder assumes fiduciary duties similar to those of a director on the board.

https://harvardlawreview.org/print/vol-133/controller-confusion-realigning-controlling-stockholders-and-controlled-boards/