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iamnottheone

07/17/16 7:45 PM

#28891 RE: jackPOTday #28888

Fractional ownership simply means the division of any asset into portions or shares. If the “asset” is a property, the title or deed can be legally divided into shares. In certain instances this is done by creating a "mezzanine structure", i.e., creating a company which owns the property then allowing multiple owners or investors to own shares in the company.

which by definition as share holders they would be fractional shareholders
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MasterBlastr

07/17/16 8:12 PM

#28897 RE: jackPOTday #28888

Exactly. Shareholders get zip since assets < liabilities by at least $1.4 million.