Think1st
4 months ago
Aunxf bought oil co for 2 million, around 2 years ago...stock shot up to 2 cents, failed to make any real income, so sold it for 4 million
, and stock is 0.008
Those that bought the tickets to participate in pr made/ lost money. Those that held.... lost,
co double in value.
So what does stock price have to do with co???
Nothing!!
Think1st
4 months ago
Your post is for dividends stocks,
Not stinky pinky,
Where law and order IS not in order. Casino is the game. Game plan is buy huge debt co, with income 48 thousand dollars, and cause trading to generate millions in trades ,which create opportunities to buy and sell shares,
This is done day in day out.
Reii I believe they simply messed up filing and got themselves delisted and now stuck in hell, yes their fault, sue them.wait 5 years ,then get check for $14.56 for our efforts. Jmo
Drugdoctor
4 months ago
Ever heard of Fiduciary Duties of Corporate Officers and Directors - Utmost Good Faith?
Choosing a Direction
If you are an officer or director of a corporation, you are a fiduciary. If you are an officer or director of a corporation, you have fiduciary duties to the corporation and to the shareholders (including to minority shareholders). In some cases, corporate officers and directors may even owe fiduciary duties to creditors of the corporation. By virtue of being an officer or director of a corporation, you have fiduciary duties irrespective of the fact that you may never have expressly agreed to assume the duties, responsibilities and potential liabilities of a fiduciary. Because officers and directors of corporations have such a strong influence over the conduct of the affairs of the corporation, the law has deemed it necessary and just to impose fiduciary duties upon them.
What Level of Duty Does a Fiduciary Have?
A phrase used by the courts very frequently to describe the fiduciary duty of a corporate officer or director is "utmost good faith." Corporate officers and directors, as fiduciaries, have an obligation to refrain from acting in their own best interests, with respect to decisions made in their fiduciary capacity, where doing so would conflict with the interests of the corporation or its shareholders. The responsibilities of corporate officers and directors are unlike, for example, the responsibilities of mere parties to a contract, or parties doing business with one another, who can, and indeed, are expected to act in their own best interests (even if doing so directly conflicts with the other partyโs interest).
https://www.rpepperlaw.com/fiduciary-duties-of-corporate-officers-and-directors-utmost-good.html
Think1st
4 months ago
Shocking news. When you buy a stock, it gives you the right, The entrance ticket to BET or participate in the pr's causing the stock to either rise or fall, it has nothing to do with the co itself.
Reii can have a ten million dollar order and get paid, it has zero to do with us shareholders, they still will pay their bills and note holders etc, stock won't move at all..its stuck in hell.cant trade it, though co itself is moving along with business.
Life goes on for co revoked or not, yes it would be nice if stock traded, they can raise money etc however if orders come in, hey life is good for co imo
Of course the co is indeed trying to get back to trading and imo is spending huge money to do it. Only pointing out the risk of owning stock in any co,
you don't own anything, only the right to place your bet.in the pr
this is my opinion