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Microcap & Penny Stocks : LDDI (Long Distance Direct Holdings, Inc.)

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To: M. Frank Greiffenstein who wrote (45)5/20/1999 7:31:00 PM
From: LT  Read Replies (2) of 216
 
And per the last LDDI 10-K, Powerchannel was referred to as a private company in which LDDI was a shareholder.

How can you be a shareholder in a private company??????

You mean they own a percentage of the company??? As in part owners?

Clarify please....
Thanks

LT
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