Replies to post #29702 on Franklin Mining, Inc. (FMNJ)

[goldman1]

He needs 51% of the vote to do it by proxy...

The question is can he get it... I doubt that he has 51% of the company... From looking at the past financials, he did not have 51% when the outstanding was at 2 bllion shares....does anyone think he actually has 8.5 billion shares now??

I think the sale of a public companies holdings need at least 51% of the vote by proxy...not just a meeting of the board of directors for approval...

I guess we need to be looking for proxies in the mail.

Or ask how the company is going to get the 51% to pass it..