Your welcome, what I am about to share with you is just logical thinking knowlege about shares that are traded on the exchanges.
Especially about Chapter 11 bankruptcy protection companies.
Some ask if I buy shares on Monday, March 29, 2010, and the company emerges from bankruptcy, am I entitled to the same benefits as the shareholders that owned their shares before the company filed Chapter 11 bankruptcy and the shareholder that held and never sold when they first became into existence.
I SAY ABSOLUTELY YES, YES, AND YES. OF COURSE!!!
First example: My great, great, grandfather held 1000 shares of a company in the early 1900's and decided to sell them to me, and I bought them on March 29, 2010 and after 3 business days I am the new holder of those shares my great, great, grandfather held. Those share are no longer his, but now I take over his legacy and his shares mine now. This note is equitable property, not a dollar bill; WHICH READS: "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE." The difference between you buy certificates in cash, you have equity. Everything else is nothing but debt.
One more question; who owns Coca-Cola Corporation? Who owns Verizon Wireless? Who owns Conseco Corporation? Who owns AT&T??
Who own sMicrosoft Corporation?
ANSWER: THE SHAREHOLDERS DO!!!
If you as a common shareholder don't get compensated from a bankruptcy emergence or takeover, it because the shares you own
are counterfeit. Counterfeiting is a Federal Crime, punishable by
law. Don't let them get away with it this time EC!!!
