Founder and CEO Pavel Durov owned 20% of shares (although he had majority voting power through proxy votes), and a trio of Russian-Israeli investors, Vyacheslav Mirilashvili (Mikhael Mirilashvili's son) and Lev Leviev, On Group announced that it has decided to yield control of the company to Durov by offering him the voting rights on its shares.
Combined with Durov's personal 12% stake, this gave him 52% of the votes.
The following month, the domain name was registered.
Tolomia and Daquioag have had similar fortunes in the Elasto Painters and the Bolts […] Jeff Chan will be the next player to leave Rain or Shine.
Murphy Holloway unfurled 29 points, 18 rebounds, three assists, and three blocks, while Stanley Pringle commandeered the offense and finished with 21 markers, seven boards, and four dimes as the Batang Pier evened their standing […] Short on personnel but long in determination, Meralco rebounded from its first loss in the PBA Governors’ Cup on Friday night by pulling off what coach Norman Black feels is as the Bolts’ most satisfying win yet.
“It was just an incredible effort from my guys tonight,” Black said after the Bolts—with three aces out […] Rain or Shine continued to shake up its roster as it acquired Ed Daquioag from Meralco in exchange for Mike Tolomia.
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Even if Rain or Shine led by 20, we still came back.