Post by
vega509 on Oct 25, 2016 1:16pm
lies or creative wording??
from the release .........
The Arrangement was approved by 96.4% of the votes cast by Telesta shareholders eligible to vote at the Meeting representing 53.3% of the outstanding common shares of Telesta. There were no dissenting shareholders.
something is totally wrong here ........ no dissenting shareholders?? really??
did they not count the proxy vote? or did they not count votes at all and just create a number out of thin air? although I believed it would pass, 96.4% is more than difficult to believe. it seems more like what pol-pot dictators claim to get in elections.
Comment by
touktouk on Oct 25, 2016 2:24pm
If not satisfies with that outcome....easy refuse your PLI's shares
Comment by
1wascallywabbit on Oct 25, 2016 3:21pm
U won't be satisfied with pli either in 2 years if the OS is 500mil+ and the sp is $1.50 or less. Don't count your chickens b4 they hatch and grow a little. Nothing is guaranteed, except those 3 words. GLTA seriously, including me now. I wish nothing UT the best for all of you and for pli. But I have serious doubts this will do anything from here, except sp drop and OS dilution.
Comment by
kristian7 on Oct 25, 2016 4:03pm
Lol ! Do your self a favor and go check what's in the pipeline for PLI !!! Not a ONE TRICK poney like you guys had here ... That failed .... :-/ So yes , sell your PLI once you get them and move on ...
Comment by
HighteawithIntrepid on Oct 26, 2016 1:43pm
100 - 53.3 is 46.7 and change so about 142 million shares were not voted. So dissenting votes could also be interpreted as 3.6% plus 142 million. But the spin doctors have spun their spin. A lot of dissenting shareholders took the .14 in the markets and dissented with their feet and bought something else.