share ownership by management
Hello Everybody.
Can someone correct my rough estimate of % of ownership by management in Abcourt.
A post from Jameske on dec 11, 2014 mentions that Decochib( owns 52,788,722 shares of Abcourt. Decochip is owned by Mr Hinse and family) . Mr Hinse on dec 2013 annual convocation proxy seemed to be the owner of 17,915,949 shares(not including Decochib) and son Normand owns 2,581,273 shares.
If i remember right at the annual meeting on 2014 dec Mr Mestralet owned more than 10,000,000 shares but i do not know if the total owned by Mr Mestralet included the last private emission done in late 2014.
From my deduction Mr Hinse and family, owns more than 70 + million shares(+ warrants and options) and Mr Mestralet 10millions + shares (+ warrants and options). Does that mean that now Mr Hinse and family and Mr Mestralet now control more than 1/3 of all shares in Abcourt.
Is that good for the rest of us owner, and can Mr Hinse delute to the point of owning more than 50% of Abcourt.
Ownership by management is supposed to be good for all owner but too much might be bad for future decisions if we have no saying or our % of ownership doesn't count.
Not a complaint but just a concern from my part. Please feel free to correct my view.
Fernand