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Author Topic: Re: {Bakewell} Get an equitable stake in a transparent & growing mining company  (Read 366 times)
ianbakewell (OP)
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December 20, 2012, 07:21:47 PM
 #1

Because Ian's personal shares and company shares will equal 50% of the vote, it makes any future motion worthless and Ian can vote whatever he wants.

This is false.
The bonus shares paid to private sales, alongside the way my private and the G&M shares are balanced in, mean that at no time do I control 50% or more of the currently outstanding shares.
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