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octagramt

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octagramt

Re: uw86 post# 2635

Thursday, 04/01/2010 12:45:39 AM

Thursday, April 01, 2010 12:45:39 AM

Post# of 5675
Holding stock entitles you to three priviliges: voting rights, dividend payments, and stock buy-back participation. The CEO runs the company. The Chairman of the board is the shareholders' protection against a CEO that is mismanaging the company. In CTDH's case the CEO and Chairman of the board happen to be one and the same person, who also has 17,728,413 shares, being 53% of all of the shares outstanding.
Buy some stock of MCD, and walk into a McDonalds. You're not going to get any better treatment or any free burgers by telling them that you are an 'owner' of McDonalds, just a little embarrassed.
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