SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : t. upton resources
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Method who wrote (43)5/3/1999 11:54:00 PM
From: Fuller  Read Replies (1) of 86
 
I just looked over the annual report.I see what you mean,but one thing puzzels me.At the annual meeting on May 19 / 99,One of the things on the agenda # 6 , passing a special resolution to reduce the stated capital of the common shares by an amount equal to $45,113,181.,being the corporations deficit as at Dec. 31 / 98. This will reduce the deficit to nil as of Jan. 1 /99.

Could someone please explain how this works, and how it effects the stock holders.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News