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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Suntrader who wrote (2163)7/19/1999 5:53:00 PM
From: Jon C  Read Replies (1) of 3519
 
Thinking about it some more it is possible that confusion has arisen because we have two designations for companies in the UK. Of course in the case of X-Stream Technologies UK Ltd the entire share capital is owned by X-Stream Technologies Inc. which is owned by X-Stream Network Inc.

EG

XYZ. PLC where the PLC stands for Public Ltd Co.

or

XYZ. Ltd

Now strangely enough a plc can be an unquoted company whereas a Ltd can never be a quoted company. So any one seeing a company with the designation Ltd would automatically assume (without further research) that it was privately owned.

Anyway we'll await the response to Suntraders email.

Regards

Jon C
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