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For those of you would don't read the filings thoroughly, here's a section from the last 10K annual report:

"Our stock is divided into two classes – Class A and Class B – which have an equal right to profits and distributions. However, Class A Common Stock only has one vote per share while Class B Common Stock has forty votes per share. Members of the Quilliam family hold 9,485,419 shares of Class B Common Stock, which is 59.8% of the outstanding Class B Common Stock and represents 379,416,760 votes. When combined with the Quilliam family’s ownership of Class A Common Stock, the Quilliam family controls 36% of the total votes at any meeting of shareholders. As a result, at any meeting of shareholders the Quilliam family has a disproportionate voting power. The Quilliam family’s control of our Class B Common Stock may prevent our stockholders from replacing a majority of our board of directors at any shareholder meeting, which may entrench management and discourage unsolicited stockholder proposals that may be in the best interests of stockholders. Moreover, our board of directors has the ability to designate the terms of and issue new series of preferred stock without stockholder approval".

Another event which occurred in the last filing:

"We issued 10,500,000 shares of our Class B Common Stock to our Directors".

This increased the outstanding Class B shares from about 5.4 million to approximately 15.9 million shares. When the voting shares of the "Q's" and the BOD are combined, they control over 50% of the votes. There's nothing to prevent them from taking their future compensation all in Class B shares. I would be very surprised if Pierre relinquished any control of this company.

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