Jun. 21 at 8:21 PM
$GVSI The breakdown of what Sharp actually owned versus what he controlled reveals this strategic structure.
1. Stratos Renewables Corp. (
$SRNW)Equity Ownership: He owned 12.2% of the common stock (amounting to 6,000,000 common shares).Voting Control: 92.7% voting control.The Mechanism: According to SRNW SEC Filings, Sharp held 300,000 shares of Series B Preferred Stock. Each single preferred share carried the voting weight of 10,000 common shares, instantly giving him 3 billion votes to control any corporate decision over minority shareholders.
2. Forwardly, Inc. (
$FORW)Equity Ownership: Less than 5% of the common float.Voting Control: Over 80% voting control.The Mechanism: As FORW SEC Disclosures note, the company authorized distinct classes of super-voting Preferred Shares (Series A and Series B). Sharp issued these super-voting blocks to himself as the founder and sole Director to shield the company from hostile takeovers by toxic lenders while he pursued mergers
