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1 MAJORITY OF STOCKHOLDERS on Wed Jun 01, 2011 2:05 pm


Arresto Menor
When the law says "must be approved by the stockholders representing majority f the outstanding capital stock" does it refer to 51% or 50.1% would be sufficient to comply with the requirement? if so, may I know any legal basis? Thank you!

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2 Re: MAJORITY OF STOCKHOLDERS on Sat Jun 04, 2011 4:04 pm


50% + 1 more member is majority. more of a mathematical basis.

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