RE:RE:September 12 Shareholder meeting!!Northforce13 wrote: Why in the world would you vote for this.
This what the vote amounts to:
Vote YES if you want the book value of your shares to decline by 3.00.
Vote NO if you want the book value of your shares to remain the same.
Existing shareholders will lose $3 or so in HCG's equity and it goes to WB. His investment is not creating any new wealth. He is just using the rules to transfer wealth from us to himself.