GREY:LBEFF - Post by User
Comment by
JohnEStromJron Nov 26, 2009 9:25pm
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Post# 16528577
RE: 51% or 80%?
RE: 51% or 80%?drillbit,
They own at least 51% of the company now, they control those 186,994,510 convertible preferred shares but don't now own them but that would take them to 76.8%. I would think it reasonable that they've bought another 3.2% which would give them absolute control when they decide to take Liberty Mines private. It tells a bit about the company that they are keeping that [for now] secret. Make no mistake - they control Liberty Mines!