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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: Tai Jin who wrote (4637)11/29/1998 10:17:00 PM
From: Tobasco  Read Replies (1) of 6931
 
It depends.

If the stock is cumulative voting we could all pool our votes (alotted for all directors) and apply it to one Board member and maybe win a seat. But who?

If the stock is non-cumulative then we (the holders of the float) are out numbered by the insiders (typically officers, directors and founders) when voting for Board members.
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