[Larry-AV]

I meant to include this in my previous post :

The debate atm is what major shareholder(s) prevented Robert Sarver's offer from reaching the 75% required to approve it.
Any shareholder or combination of shareholders with shareholdings totalling more than 25% could block the offer.

For clarity, here are the suspects (again)

Dave King has 14.57% and the 3 Bears total 19.49% which equals 34.06% of the shares.
Alexander Easedale has 5.21% plus named proxies 5.43% and 3.19% equals 13.83% of the shares.
Alexander Easedale also has unamed proxies that take his percentage up to 26.15% of the shares.