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Microcap & Penny Stocks : ANTs SOFTWARE.COM (ANTS) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (203)2/3/2000 12:10:00 PM
From: StockDung  Read Replies (2) | Respond to of 607
 
Auric, I have a question. If large holders no longer hold the stock why would ant-e-one want to hold it. If you own the stock you can vote. If you sold it you do not have the right to vote. Am I missing something?

"When we went
to count the votes, we found that substantial holders no longer
had stock in their own hands, but in repositories without the
authority to vote the stock," Pettit said. Ants, worried that
a proxy solicitation could open up a public controversy over the
planned stock split, decided to admit it didn't have the votes
and put the split on hold, Pettit said.