InvestorsHub Logo
Followers 164
Posts 19772
Boards Moderated 2
Alias Born 12/09/2004

Re: dr_sinecure post# 33197

Saturday, 08/18/2007 9:41:25 PM

Saturday, August 18, 2007 9:41:25 PM

Post# of 44006
I believe that the answer to the question about why the board members did not own stock, was that when the company was a BDC, the board members were required to be independant and were not allow to own stock by SEC rules.

When the board members were then asked if they would now buy stock, they declinded to answer either way.

Or at least that's the way I remember it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.