Why is McLarty being duplicitous and self serving? Objecting to a raise which benefits some shareholders rather than the group as a whole (which is what is suggested was occurring) is against the interests of the broader shareholder group. Stepping in to prevent that happening is actually benefiting the broader shareholder group. Now I'm not suggesting this is being done on the basis of McLarty's sense of altruism or fairness but at this point I feel my interests align with his on this topic. If he stops me from being unnecessarily diluted then I'm all for that.
I'm all for being "greedy" if that means trying to make money in the market but if it involves abuse of power and disadvantaging of minority shareheholders that's not on.
Ann: Notice of Requisition for EGM, page-191
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