xio115, I posted this a few days ago. "Fraud on the minority...

xio115,

I posted this a few days ago.

"Fraud on the minority refers to an improper exercise of voting power by the majority of members of a company. It is the evidence of failure to cast votes for the benefit of the company as a whole. A majority in control of a company perpetrates a fraud on the minority. A resolution passed upon such voting is voidable" link

To do what you say smacks of Fraud on the Minority to me.

They do not need to control the whole company to get the revenue stream that they want. And if the act like pigs they could cause real problems for themselves from some of the larger holders and even some of the smaller ones.