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You’re splitting hairs here so I might as well go sub-atomic: my default there is no automatic right for one shareholder to out-dilute others, and it would be i
by qubex 7y ago
You’re splitting hairs here so I might as well go sub-atomic: my default there is no automatic right for one shareholder to out-dilute others, and it would be illogical to use $10 to swamp the possession of a firm whose only asset is a single cent. Besides which, one could easily institute a shareholder agreement that expressly bans such acts.