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Biotech / Medical : NNVC - NanoViricides, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: old 'n cranky who wrote (12425)11/12/2019 2:12:41 AM
From: HardToFind  Read Replies (1) | Respond to of 12873
 
Oops..."Diwan't" should have been "Diwan's"

Sounds like a majority of the votes yields a Director's seat, but an increase to the number of authorized shares requires a majority of all POTENTIAL votes. Am I reading that right?

I still think Diwan controls both majorities today.

With less than 4 Mn ordinary shares outstanding...those 75,000 series A shares (675K votes) will have quite an impact on the vote once the IND clears.