some shaddy business going behind the scene MGM
Post# of 15624
MGMT just loss a few more supporter on their corner..
36MM ESOP... thanks goodness they didn't go an even 100MM package..
credited go to GP65 at the iHub board
more details on the 4/4 voting results
https://ih.advfn.com/stock-market/USOTC/owc-p...1540574720
"b) Of the 165,152,579 shares of the Company’s common stock entitled to vote at the Special Meeting, 140,646,588 shares were represented at the meeting in person or by proxy, constituting a quorum. The voting results for the only matter submitted to vote at the Special Meeting are as set forth below. This proposal is described in further detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on February 26, 2019.
The stockholders approved a proposal authorizing the adjournment of the Special Meeting, if a quorum was present, to solicit additional proxies if there were insufficient votes to approve the proposal regarding the reverse stock split. "
Votes For
76,456,213
Votes Against
61,219,334
Votes Abstained
2,971,041
We dodged a bullet on 4/4, 76MM voted for the RS vs 61MM voted against.
If 76MM shares were not enough to pass the RS, then how much do they need?
ESOP 36MM + 40MM from their buddies?
We need to stand and united one more time on 4/18. I do not like what they are trying to do to gain an upper hand on RS. flat out shaddy