It's not a matter of assumption, it's a matter of fact.
You need to get your definitions right.
Stockholders never "own" a company. They have an equity stake. That's it. That's why when a publicly traded company goes bankrupt, the common stock is wiped out.
A publicly traded company is still a private company that has gotten permission from the SEC to register stock for sale to the public. A common misconception made by stockholders is that they are "owners". That is simply not true.
A shell is a company with no operations.
Message In Reply To: you have made the asumtion that the shell is owned by the stock holders is this the case with mira?
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