Replies to post #11352 on Superior Oil &Gas Company (fka SIOR)

[blue dog]

There are shares, but those shares are not publicly traded over any SEC-regulated exchanges. You still can buy and sell, but you would need to work out the mechanics of the buy/sell with the seller/buyer.

It is essentially as though you incorporated your family business with 1000 (or whatever) shares divided around the family. Over time, different members might transfer those shares privately (e.g., wills, sales, etc.); Superior shares are essentially the same.

There are no shares only a piece of the pie.

[Ecomike]

The shares are still shares, only the SEC registration and right to trade them in the public market market has been revoked.