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A good company going to waste...
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Erika Kiessner RJ: yhnujm Post Rating: 0 + / - Total Posts: 2 Karma: 12 Joined: Apr 21, 2012 |
Posted on May 11, 2012 Fellcorp seems to be a perfectly good company, but their stock has tanked because the owner hasn't logged in for days. Do the shareholders have any recourse? The owner has the vast majority of shares so they can't simply be bought out. |
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Al White RJ: Reeboy CO: Mister Blonde Post Rating: 0 + / - Total Posts: 14 Karma: 11 Joined: Apr 12, 2012 |
Posted on May 11, 2012 I've noticed the number of players drop within the past week, so I am sure this is a problem with a few more companies, as well. Maybe Scott can create a mechanism whereby if a company owner doesn't log on for a week (2 weeks?), then the next largest active shareholder becomes pro-tem president? I think an option should be created for public companies, as well, that would serve the same function if someone knew they could not manage their company for some time. |
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Norbert Lehmann RJ: bert CO: Bert Post Rating: 0 + / - Total Posts: 14 Karma: 10 Joined: Jun 28, 2012 |
Posted on Oct 5, 2013 to pick this up again.i whould also like to get back into one of my companies,i still have the majority of the shares but all the buildings and research is gone(i did'nt log in for a couple months ) and i cant even access it to rebuild or sell the remaining stock.So its basicaly useless. |
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Henry King RJ: Business Tycoon CO: BusinessTycoon Post Rating: 0 + / - Total Posts: 83 Karma: 13 Joined: May 31, 2013 |
Posted on Oct 9, 2013 You probably got cash for the value of the company, as companies that are inactive appear to get liquidated and cash issued to replace the shares for the net book value of the company when the majority owner is inactive for a few weeks.
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