CGB 0.00% 2.1¢ cann global limited

Ann: Fourteenth Supplementary Prospectus, page-375

  1. 1,311 Posts.
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    So I was a little bored and started thinking about this EGM...

    So the way I understand it, is if you gather enough proxy's to account for a 5% holding, you can demand an EGM? But then what? Even if you push to oust the BOD or instate someone new, you've still only got 5% voting power? With Sholom and Pnina holding the bulk of shares, they can just out-vote you right? So what do you achieve, other than delay things further?

    *please don't take this post in a negative light as its by no means meant that way, I am just honestly curious as to what people are trying to realistically achieve by doing this... I could understand if you gathered >50% of the vote, you can get something done but with <50% I can't see you achieving anything significant?*
 
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