PLUG gives CEO 45 Billion Votes to rig reverse split vote - WHY? #ProjectPlugcorn

PLUG gives CEO 45 Billion Votes to rig reverse split vote - WHY? On June 6th Plug Power (NSDQ: PLUG) sold one (1) share of a newly created Series F Preferred Stock to it's CEO Andy Marsh for the sum of $1000. That one share was given voting rights of 45 Billion Votes for the sole purpose of voting on Proposal number 3, a reverse split, in PLUG's upcoming shareholder meeting on July 3rd, 2025. Is this legal? What is Blank Check Preferred Stock? Why did PLUG take this action considering the 2023 Delaware DGCL rule updates making approval of reverse splits considerably easier for corporations. Background and thoughts in this video! #ProjectPlugcorn #TonyDenaro

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.