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Post# of 311057
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YankeeAce

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YankeeAce

Re: Jim Bishop post# 3775

Monday, 11/21/2005 2:40:13 PM

Monday, November 21, 2005 2:40:13 PM

Post# of 311057
Jim, I don't think companies sell their shares at par value. They record it on their balance sheet at par, but I'm pretty sure that companies negotiate the share price for 504 offerings. I'll do a little more research to see if I can find the rules.

OT: Jim I'm not saying that that is your real name but if it were then I knew someone by that name in PA. I'm sure you probably don't know the guy though.
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