Replies to post #178049 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[zandant]

Points well taken.

[jimicrakdcorn]

does anyone have the time and desire to list the points of the cc. good compared to bad?

[islandboyz]

Well itesprit I've been around a lot longer than just this CC so I may have different opinions than you do. I won't get into it about the voting rights and the shares because I don't know the facts other than what Frank stated. That would be in the bylaws.

Being the owner of a corporation I do know that:
#1. In order to have voting rights you have to own shares...thats how corporations work.
#2. If someone other than you owns 50.1% or more of the shares, you are not driving the boat anymore...

Corporations are very tricky things, I owned one with two brothers about 18 years ago, I had 51% of the shares, they had 66% of the votes. I got fucked...end of story. Frank is just covering all the bases.

I will agree that I am not happy with all the shares we just got confirmed were out there though

Aloha

[ihubposter]

Frank mentioned two things that were interesting regarding his sales:

1. He has to file a Form 10; and

2. He hasn't sold for a couple years.

Can anyone find those Form 10s that he would have had to have filed from those sales? Wonder if he sold when it hit the .02 range, and how much???