Redemperer I dont hold TTY anymore sold at 70 bought at 32,but I...

Redemperer I dont hold TTY anymore sold at 70 bought at 32,but I do own a bunch of OMH stock whch has a 10% holding in TTY

At 51% of TTY in OLY TTY essentially can run the company however a 10% holder can cause a lot of problems as can call special meetings to determine company direction.
But Really the only problem with a sub 90% holding is extra admin costs in having the company listed seperately from TTY.
To Greenmail TTY by holding out is OK but you could get burnt if you have no buyer for your stock and I doubt TTY would be in too much of a hurry to buy stock above say 12 cents.
Its possible someone like Noble or OMH could buy stock at less than a 5% holding so no substantial invester discolosure is necessary and then work with TTY's 50% interest to give more firepower in the boardroom