Replies to post #30405 on American Energy Production Inc(fka AENP)

[ctb]

"The conversion to common stock will give CB control of the company."

What is the number being floated of his percentage...33%? Correct me if I'm wrong.

33% is "control"?

And that is before we know for a fact that his 144 shares have voting rights at all.

In fact, this is even before we know that he is going to convert any of the shares, but let's not quibble over little details lol!

[Steady_T]

If CB converts his pfd shares he will have 33% OF THE SHARES. Still a long way from the 51% required for total control.

SteadyT