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DarthYoda

02/07/15 12:32 PM

#6007 RE: Inhibiton #6006

Par value has no relation to market value and, as a concept, is somewhat archaic.

Many common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency in circulation), for example a penny par value on a stock issued at USD$25/share. Most states do not allow a company to issue stock below par value.

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

puffadder

02/07/15 1:31 PM

#6016 RE: Inhibiton #6006

Par means nothing - just a figure thrown on

registration statements - if a company is going to dilute they simply dump at the market.