The Musk Twitter war is not of that much interest to me as I do not use that media for anything, however, it did pique my interest to take a look at whom owns the company and whether they are being benefited or screwed by the board of directors which appears to be fighting off ownership by (hostile as perceived by the board) stock takeover.
Here is the overall picture on ownership.
What is interesting to me is that while company employees (insiders) might own a total of about 12% of the stock, the actual board of directors making decisions that may benefit or destroy company stock value, owns nearly zero stock, that is to say their agenda appears not driven in the least by stock value to the investors. From what I have been reading, Jack Dorsey holds about 2.5% of stock and ALL the rest of the board in aggregate less then 2%, some literally own 30 shares, probably just enough to get all the notices that are issued.
This is interesting to say the least, since it begs the question as to what the board is there for?
I leave to you forming your own conclusions. It would seem to me as an outside observer, that the media seems to have some effect on the younger voting demographic and maybe this is all the board was interested in.
Time will tell if the company will survive or if it will be just another dotcom flash in the pan.
UPDATE 25 April 2022
Looks like the board accepted the purchase. All hail, Elon the new private owner of Twitter. I sure hope he is able to turn it into a monetized platform and is not thwarted by the crazier of the employees (I have no metric for what percentage are crazy, but we will surely see the repercussions soon).
I’ve been following the Musk/Twitter war since he first bought the large stake in the company. The meltdowns by the left have been so entertaining to see. Regarding the Board, they are putting themselves into the crosshairs of multiple lawsuits if Musk walks away, cashes out and the stock price drops. My guess is they’re looking for some rich Soros… Read more »
Yup, on entertainment value alone it is fun to watch. The board chairman Robert Zoellick has already opened his yap and confirmed for all to see that he is not working in the interest of the shareholders, unless of course, the big shareholders want Twitter to suppress all independent though, destroy conservative values (which seems to encompass anything they don’t… Read more »
Interesting. Way back in the time of the dinosaurs, I was working security @ Sun Microsystems (now defunct, not due to the events here chronicled). There was a Board of Directors meeting about every 4 to 6 weeks under normal circumstances – 10 to 13 a year. Each Director, at the conclusion of the meeting, was presented an “honorarium” in… Read more »
OK. I’ll try and tie this into Twitter. Twitter suppressed the information on Hunter Biden’s laptop, which included his smoking crack, bragging about smoking crack and cavorting (since he won by a very thin margin)with hookers, and numerous business deals whereby he used his access to his father and the White House to profit from Ukraine and China. A percentage… Read more »
This is what I call good news https://www.news.com.au/travel/travel-updates/travel-stories/disney-world-punished-after-opposing-lgbtq-bill/news-story/7edf48313ddc2d4fa40ac9763dbc742f Disney World has been stripped of its status as an ‘independent special district’ as politicians seek to punish its parent company for criticising the controversial “Don’t Say Gay” law. It has never been called that. Ever. Thats a liberal smear. The Florida Senate passed a bill on Wednesday to dissolve the Reedy… Read more »
It has never been called that. Ever. Thats a liberal smear. The official name for the bill is the “Parental Rights in Education” bill that would prohibit classroom discussion of sexual orientation and gender identity for many young students. So basically, the unofficial label of “Don’t say Gay” is pretty accurate. Thats what we call “consequences” The consequences of repealing… Read more »
Also, in more news from Russia, there have been some huge fires in Russia this past week. Russian officials say six people have died and 27 more are injured after a fire at a defense research facility in the northwestern Russian city of Tver. Russia has had three massive fires in two days. One of the fires is at the… Read more »
Well, if y’all like conspiracy stuff, go take a gander at this place. I tripped over them going down rabbit holes, don’t know anything about them other than they are really paranoid, but then as the saying goes, just because you are paranoid, it does not mean someone is not out to get you.
Ah yes the “Natural News”
Early Monday morning (local time), explosions rocked two oil tank farms in Bryansk, Russia. Bryansk is about 250 miles northeast of the Ukrainian capital, Kiev, and less than 70 miles from the Ukrainian border. NOTE: I think this is a new one, but if you know otherwise, please let us know. Turns out that the large explosions in the Russian city of Bryansk… Read more »
Just read an article that listed Twitler employees political donation as 98.7% National Socialist Democrat Workers Party. That might be a clue.
Thought I’d put this out there. A long list of questions have, in fact, been raised about the 2020 election. What is known is that a number of issues remain under investigation. A coming documentary reveals hundreds of “mules” were hired to dump piles of mail-in ballots in drop boxes during election night’s overnight hours. Also, independent analyses have concluded… Read more »
D’Souza’s 2,000 Mules is a compelling election-integrity whodunit. Visually reminiscent of Tony Scott’s thriller Enemy of the State, this film uses state-of-the-art technology to prove that the 2020 presidential election was stained, if not fully stolen, through the lowest-tech means: stuffed ballot boxes. researchers Engelbrecht and Gregg Phillips analyzed 10 trillion cell-phone geo-tracking signals captured during the closing weeks of… Read more »
Looks like the law of unintended consequences is mushrooming in ?????? (Rodinia).
What indeed is going on? A cluster of unrelated coincidences or native unrest?
The Army recruiting offices is pretty easy, young Russians want nothing withf destroying their close country cousins next door. Hmmmm.
Is China Secretly Bribing the Biden Administration? The University of Pennsylvania received more than $54 million in anonymous donations from China between 2014 and 2019, reports Fox News, with most of the donations arriving after the university announced the creation of an academic center named after President Joe Biden. The creation of the Penn Biden Center for Diplomacy and Global… Read more »
Now is’nt that just a coincidink, 10% of the donation to Penn U is just about the exact figure of that non-identifiable 5.2 million that Bai Den windfall of cash discrepancy. Nothing to see here, move on, move on.
President Biden is likely to avoid an audit that could reveal whether he made money from his son Hunter Biden’s overseas business dealings — because the Internal Revenue Service has rejected a whistleblower complaint that alleged he owes at least $127,000 in taxes, The Post has learned… The dispute concerns more than $13 million that Joe and Jill Biden routed through S corporations in 2017… Read more »
And then there’s this: A Harvard University chemistry professor will stand trial this week on charges that he concealed funding received from China and lied about his involvement in a recruitment program. Professor Charles Lieber, an expert in chemistry and nanotechnology, faces four felony charges for tax-related offenses including making false statements to government officials and concealing his connections to… Read more »
Would not be surprised in the least if most of the upper echelons of the D party and maybe 25% of the R party have received cash from China. They are bought and paid for along with the top 2 or 3 tiers of any government office that influences policy, border security and so on. Not only that, it goes… Read more »