InvestorsHub Logo
Followers 3
Posts 489
Boards Moderated 0
Alias Born 04/30/2007

Re: Sonic603 post# 14709

Tuesday, 11/16/2010 10:09:06 PM

Tuesday, November 16, 2010 10:09:06 PM

Post# of 48320
"Going private" is the process by which a public company ceases to be a public company. Rules of the Securities and Exchange Commission ("SEC") permit a company to de-register its securities and thereby "go private" when it has fewer than 300 stockholders of record. I think CGAQ has more than 300 stock holders of record.