Dr. Bokhari Needs To Be Banned From Owning More HUGE Shares According to MT Newswires, it seems that Dr. Bokhari is gaining too much personal control over FSD Pharma, leading to concerns for other investors as he could use that power to sell all his shares and leading to a big drop.
In fact, Dr. Raza Bokhari has acquired 805,802 Class B shares in lieu of cash compensation.
The result is that he now controls nearly 8.5% of the issued and outstanding Class B shares, and a whopping 1/3 of the Class "A" shares.
I'm surprised that the NASDAQ hasn't flagged HUGE for letting one shareholder own 1/3 of the company.