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Re: gabeh post# 14504

Thursday, 01/09/2014 10:14:07 AM

Thursday, January 09, 2014 10:14:07 AM

Post# of 20680
Some of the theories being floated around this board have no basis in law or accounting, not to mention simple common sense. As has been posted here numerous times (with citations), all shares of a class of stock must be treated the same, so a shareholder cannot simply "exclude himself" from a dividend. And if shares are canceled, there is a tax consequence to the former owner. I'm not a CPA so I will leave it to you guys to research how that would work, but suffice it to say that it ain't happening.

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