Post
Topic
Board Securities
Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!
by
EskimoBob
on 27/08/2012, 13:30:23 UTC
It's already specified that the shares offered in this IPO have no voting rights.  Even if the shares had voting rights, evoorhees is only offering 10% of the company ownership to the public, so it wouldn't matter either way.  All you're buying with these shares is a non-guaranteed revenue stream.

You are correct. 10% vote can never win 90% and this was pointless clause.  
I guess those shares offered are not the same shares what Evoorhees owns at the moment.  In this case, are those a new issue of stock and issued by SD for the IPO.
Can someone clear this up a bit?