InvestorsHub Logo
Followers 39
Posts 1646
Boards Moderated 0
Alias Born 08/24/2011

Re: peorge post# 105351

Friday, 09/28/2012 4:12:51 PM

Friday, September 28, 2012 4:12:51 PM

Post# of 160479
To become the owner of a shell or company you need to own greater than 50% of the shares. This allows you to call the shots as you have the majority vote needed to run the company. He did not need the full 100% and there is a reason why buying up all the shares may not be a good idea. The reason is, folks own those shares and if they are not willing to sell them for a reasonable price it could be very pricey to try and acquire those shares to simply reach 100%. Owning stock in a company gives you 2 things: 1. Ownership of the assets in the company (proportional to how many shares you own) 2. Voting rights. Voting provides the control of the business operations, plans and direction. The ownership is the equity in the company and how BCAP will make money from the subsidiary.