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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ)
BNEZ 0.00Sep 18 5:00 PM EST

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To: BigDaddyMac who wrote (8674)8/17/1999 12:08:00 AM
From: E. Davies  Read Replies (2) of 9391
 
Can you explain this theory about how the buying party needs 50% of the stock beforehand?

I've never seen anything like that before. For "normal" companies, the buyer simply makes a public offer at a price. The shareholders vote to aprove or not.

Since Jack & Mickey *claim* to have controlling interest (we dont have any proof-do we?) they dont need anything from us. So whats all this stuff about needing 50% ahead of time?

I did own a stock once that was purchased *under* the market price. This was done by a "bonus" paid to the principle shareholder for signing over his stock. The rest of the shareholders got shafted.

I smell a rat... (Not that there is anything we can do about it)

Eric
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