Yea I agree with you.. why would he, but the wording in the ann points towards he had no choice as " majority needed voted in favour" and we are the majority.
Wat are your thoughts In regards to my point c?
If he retains his 30% this time and next contribution is alot higher in value can he just relinquish his 15% at that point or will his dilution be alot higher because of correlation of more shares issued vs capital requirement? Or is it just a flat rate %, eg issue anouther 100 shares for 30mil payment.
Fk I just wanba see this next ann and hope there's a little more detail In it
FM3
firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-411
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