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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Paul D. who wrote (8961)8/13/1998 7:59:00 PM
From: Kurt N   of 11708
 
A lot of companies have "poison pill" provisions in their corporate charter/by-laws in order to prevent hostile takeovers or attempts to take control of the board.

If CSMA had such a provision, then they could issue a special class of voting only stock, where each share equals the vote of a xxx common shares. The special class of stock would not be convertible into common stock and could be redeemed by the company at any time.

Kurt
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