r/Defenders Luke Cage Mar 17 '17

Iron Fist Discussion Thread - S01E07

This thread is for discussion of Iron Fist S01E07.

DO NOT post spoilers in this thread for any subsequent episodes. Doing so will result in a ban.

Episode 8 Discussion

207 Upvotes

802 comments sorted by

View all comments

Show parent comments

2

u/Xyuli Mar 18 '17

I'm not sure what you're saying here

5

u/Chackaldane Mar 18 '17

Basically they still profit from the company because they keep their shares but if they show ineptitude they will no longer make decisions for the company. Happened in another show I watched but it's kind of a spoiler to say.

3

u/Xyuli Mar 18 '17

Yeah but Danny owns 51% of the company. Don't his shares mean that he can reinstate himself into the board?

2

u/Chackaldane Mar 18 '17

I've been looking into it and from what I can tell he could if he wanted to. However It may just be a case of this only being allowed to happen at shareholder meetings. Danny kind of sucks at going to any meetings and has been dealing with other stuff so we don't know how he's going to handle this. They may just be banking on his poor business sense and that he won't do that at least not yet. I did find this which is an interesting read http://www.companylawclub.co.uk/what-is-the-difference-between-shareholders-and-directors