Mandatory conversion
Mandatory conversion
Posted Mar 18, 2004 20:53 UTC (Thu) by error27 (subscriber, #8346)In reply to: Mandatory conversion by jwb
Parent article: SCO Update
I'm not very familiar with how all this works...
How does the voting work? Yarro and Canopy together have 11 out of 14.3 million SCOX shares. Wouldn't their votes automatically out vote everyone else?
Posted Mar 18, 2004 21:31 UTC (Thu)
by jwb (guest, #15467)
[Link]
The Series A/A-1 Preferred shares are worth $1000 per share and have commensurately larger power. The common stock is owned by Yarro et. al.
Mandatory conversion