OTCPK:CTNXF - Post by User
Comment by
FoolAndHisMoneyon Jun 15, 2019 10:08am
53 Views
Post# 29828755
RE:Let's do some math
RE:Let's do some mathCorrect. They need 2/3 of those who vote to be in favour for it to pass. However there are other shareholders that you’ve not listed who are on side with the consolidation and collectively they are closer to 59% in favour. So personally I think this is a done deal as typically only about 60% of shareholders vote in junior company annual meetings.