Mark Pincus has 20.5 million class C shares of stock.
20,500,000 shares * 70 = 1,435,000,000 votes!
How disingenuous can this POS get? Looks like pretty much all his control of the company is coming from his Class C stock... monetarily it is only worth about $65 million or so.. so when he says .. "NUH UH! I'm not selling nothing".. he's a lying pig. He sold a ton, right now it makes no sense for him to sell.. that pos.
That bastid will clearly not sell off any of his high voting rights shares. Unless he plans to leave the company. Once he loses 50% voting hes pretty much screwed. So he is holding off on those shares with high voting rights and resorting to selling off the 1 vote shares which to him are pretty much all profit.
Naturally a pompus prick like that would not want to give up his power when he wants total dominance of the company. That tad bit of news is all fluff. He is still the master of puppets pulling the strings.
As far as the stock price. I am happy to see it moving north for once. Been down far too long. The nokia news is a def to attribute for this climb. I just hope its not a pop and drop.
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