Magna machinations: Frank's new trick

[Bigsmc]

Dude is a Class A Scumbag. I have no idea when Greenlight bought their shares, but they obviously didn't know who they were dealing with when they did.

I love how he can use Super-Voting Shares to overturn a 92% vote.

I can only hope that the money infusion into MEC will make things better for their racetrack holdings, but I doubt it. Not as long as this clown is holding the puppet strings of the decision makers at MEC.

[phystech]

Just before Magna bought MJC, I had a friend who vehemently opposed the sale to the point he would stand in the clubhouse at Laurel whenever Joe was walking around and raise his voice in protest. I always told him what an ass he was being and that ANYTHING was better than Joe DeFrancis owning MJC.

Looks like I was wrong....

[Swale84]

At some point the constant infusion of money to Magna will come to an end, the question then become who will take over the tracks that are still left?