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Re: RustyTrig post# 53996

Saturday, 08/25/2012 9:29:45 PM

Saturday, August 25, 2012 9:29:45 PM

Post# of 74729
You've nearly got it~ ;)

In the United States, it is legal for a corporation to issue "watered" shares below par value. However, the purchasers of "watered" shares incur an accounting liability to the corporation for the difference between the par value and the price they paid.

http://en.wikipedia.org/wiki/Par_value

ASYI's PPS will rise up VERY SOON is my guess~~
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