by paulwoman » Sun Mar 03, 2024 10:52 pm
theduckmage wrote: ↑Sun Mar 03, 2024 8:31 pm
I will buy their stock so I have 51% control, and then 3 days later they issue new stock and now I have 40% control. Its very frustrating, how do I stop this?
It's true that, in itself, it's an unrealistic mechanism.
In reality, if you own more than 50% of the votes, you would have to give your authorization when the person in charge proposes it.
Perhaps an option to add?
[quote=theduckmage post_id=40406 time=1709497890 user_id=4728]
I will buy their stock so I have 51% control, and then 3 days later they issue new stock and now I have 40% control. Its very frustrating, how do I stop this?
[/quote]
It's true that, in itself, it's an unrealistic mechanism.
In reality, if you own more than 50% of the votes, you would have to give your authorization when the person in charge proposes it.
Perhaps an option to add?