Sorry, this would require too much thinking right now. Though I believe the answer lies in whether a company is reporting or non reporting or in type of corporate entity.
BTW, preferred shares have a % rider attached to shares and is not restricted by straight 10/1.
I am second guessing myself now, maybe it is 1 million shares of Preferred Stock with 100,000 issued. but even then that is only 10 million votes. 10 million votes is only .3%
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