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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (178913)	7/27/2004 11:19:17 AM
From: Elmer Phud	Respond to of 186894

Amy The names of the shareholders are not a matter of public record and the only Bank I did business with didn't ask. They required the Tax ID# and a letter from the Board (with Corporate Seal) authorizing the appointed Officer (me) to conduct business. If no one knows who the Shareholders are then that private investigator isn't going to find out. You can walk into a Law firm in Nevada and buy an existing Corporation for cash and even the Law firm doesn't know who you are. The PI may trace assets but he won't find out what isn't recorded anywhere. The only person who knows who the Shareholders are is the keeper of the corporate records. Additionally, Corporations can be owned by other Corporations which can be owned by still others. A foreign Corporation can own them as well. Another matter is "Bearer Shares". Whoever has physical possession of Bearer Shares is the owner. The original owner must be recorded in the Corporate records but there is no requirement to record subsequent holders of those shares. All this is intended to protect privacy and not to allow any illegal activity. When my use for my NC ended I transferred ownership by handing the corporate records to the buyer in exchange for $1. I don't know his name and he doesn't know mine.