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jomama454

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jomama454

Re: None

Wednesday, 01/09/2013 9:45:22 AM

Wednesday, January 09, 2013 9:45:22 AM

Post# of 80403
Did anyone know that

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.
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