OTCPK:MGMXD - Post by User
Comment by
veracruzon Apr 19, 2015 5:10pm
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Post# 23644809
RE:Ross Beatty ownership
RE:Ross Beatty ownershipYes there are legal implications. He holds an executive position and is bound to corporate governance and any shareholder rights plan. And as a shareholder you have the right to sue for wrongful acts and the right to vote on major issues. But, to reflect on that, I was upset with AAA selling out, but they made me 48 % in less than 3 months. So did they do anything against my best interests? I was expecting over 100%, and new the take-over was imminent. To a 3rd party I would probably sound greedy. Plus What are the best interests of a shareholder, quick gains or longterm company strength? sticky.