No. It is quite possible that when UPDV did have 52%, that they put their own people in key position and still have influence over HTOG operations. Remember 10% of the stock ownership can put key people on the board and key people in position of power. Especially since UPDV still owns convertable bonds of HTOG that can add another 18% voteing interest on their side.
No. It is quite possible that when UPDV did have 52%, that they put their own people in key position and still have influence over HTOG operations. Remember 10% of the stock ownership can put key people on the board and key people in position of power. Especially since UPDV still owns convertable bonds of HTOG that can add another 18% voteing interest on their side.