The Company can potentially become a 'control person
' of Sandspring assuming conversion of its subscription receipts or the exercise of share purchase warrants and have undertaken not to exercise warrants if such conversion would result in them becoming a control person
of Sandspring, unless and until shareholder approval (excluding the Company's votes) has been received.
SOL Global is a control person
of Heavenly Rx as contemplated under applicable Canadian securities laws and therefore the participation of the company in the offering constituted a related party transaction.
228 and 244 share a common control person
. 228 entered into a debt conversion agreement with the Company under which 228 agreed to settle $165,100.00 of indebtedness in exchange for 2,096,508 common shares in the capital of the Company.
DevMar Equities' control person
- Mark DeMaria, is also the member of DevMar, LLC, a Michigan limited liability company and real estate developer ("DevMar" see www.devmardevelopment.com).
The first action would seek amendments to FINRA's Membership Application Program rules and require a member firm to seek a "materiality consultation" with FINRA if the member is not otherwise required to file a continuing membership application and: (1) a broker with certain specified risk events seeks to become an owner, control person
or principal of the member; or (2) the member seeks to add a broker with certain specified risk events to the firm.
All resolutions of the annual general meeting passed with more than 99% voting shareholder approval, including election of directors, appointment of MNP LLP as auditors, settlement of accrued officer compensation, creation of new control person
, approval of stock option plan, and amendment to the company's articles.
* Control person
liability (broadly construed), which applies even in the absence of fraud or negligence by key officials and places a burden on the officials to prove that they acted in good faith and did not induce an issuers' fraud.
Then it was a quality control person
. More and more we're working with process engineers interested in electric motors, for example, with higher-revolution parts and much less noise.
The control person
liability of a CFO is similar to that of a CPA in public practice.
(40) Even when there is not a control person
, financial institutions will still be required to identify one.
He was employed as a production control person
for 33 years for Coppus Engineering before retiring in 1998.
Boyd Craig is a control person
of Craig Wireless and has beneficial ownership of more than 10 percent of the issued and outstanding subordinate voting shares and multiple voting shares of the company.