Comment by
islandjon on Nov 23, 2010 4:02pm
So JDM has control of cdo but not ownership at 22.58% of outstanding shares or roughly 20 million shares? I know of some pretty big shareholders in this company that hold a million plus shares besides the Bernards that wouldn't allow ownership to happen.
Comment by
CrashSurvvivor on Nov 23, 2010 7:29pm
I believe they don't have ownership because these shares are pooled by Mineralfields into "units" that are sold to investors. I don't know all the mechanics of these flow-throughs, but am guessing why there is this distinction between control and ownership.