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Stock vs Private Companies


Brent Goode
RJ: BB Goode
CO: BB Goode

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I know you are doing the stock market re-write. I have mentioned before that I find it absurd to have a "Publicly Traded Company that is 100% owned by a single individual. In fact, I find it absurd to have a Publicly Traded Company that is 90% owned by a single individual. The point is, the benefits of public companies should not be bestowed upon anyone that wants to "issue" stock for the sake of having pieces of paper locked in his safe. I think you should have a cutoff place that automatically reverts to Privately Held status and calls all the loans, etc...Perhaps auto buying the few remaining shares from the extremely-minority-shareholders at a high multiple vs value, taken from the coffers of the extremely-majority-shareholder.
Hajji Pajji
RJ: Trade Merchant
CO: VonDutch

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Agreed
Paul Jikanski
RJ: Paul Jikanski
CO: Paul Jikanski

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Agreed

/sign
graham shearlaw
RJ: Graham
CO: Funk

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Joined: Apr 9, 2012
Agreed,you should have to hold the stock for 48 hours for it to happen.


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