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Re: nsomniyak post# 34

Saturday, 07/09/2011 4:09:52 PM

Saturday, July 09, 2011 4:09:52 PM

Post# of 1149
NS> We own every bit of this as shareholders equity, That is why we buy and share the good and the bad in investing in great companies.
We each own individually a set percent based on what you own in shares to the toal number of shares for the company.


For now, the GLCC shares are just an asset on the balance sheet like inventory or buildings or accounts receivable. Period. Shareholders own a slice of the entire balance sheet but do not directly own any assets shown on it.


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