Replies to post #46 on Manasota Group Inc. (fka HZNB)

[Renee]

Technically yes, shareholders would own a stake in a company if the company was no longer a public company, but it would likely take expensive Court action to force the now private company to share in the company assets.

I have never heard of a successful suit against a public company that had its stock registration revoked, relegating the company back to a private company.