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cash4

02/08/13 10:51 AM

#5412 RE: MrDemas #5405

When you pull certs in a profitable company you are a share holder hence a partner in that business ready to reap profits, proof of ownership in the company makes you eligible for interest or a share on profits, (the reason they are called shares) now if we are talking about a company in debt then yes, what reason do i have to pull certs, there is nothing to collect and that's why people trade them, share offering on the market is nothing but debt and an attempt to raise money for a company to function, when we purchase shares we purchase debt and nothing else, but people that own shares bought in COC* Col* when it first went public dont trade their shares they sit home being millionaires and live of royalties, SPHE has no debt and is a 2 Bil dollar company, so no need to trade my shares but accumulate. Any broker would buy this certs and as it shows they are buying it now.
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cash4

02/08/13 11:22 AM

#5419 RE: MrDemas #5405

The way it works when a shareholder redeems his shares to the company, anybody can do it.

http://www.borelassociates.com/topics/Stock%20Redemptions.pdf

http://www.vakilno1.com/bareacts/companiesact/s80.htm

When redeemed, shares are paid according to the companys profit. Hence having a SHARE in the companys profit or debt. You cannot share debt without sharing their profits, it works both ways.