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To: Janice Shell who wrote (3817)	6/4/1998 11:05:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 7491

I would have to say, the share holders own the company. That 's how a public company is. The ceo may own shares, but the company is an entity unto itself, and whoever buys a share in it becomes an owner. Just my thoughts.

To: Janice Shell who wrote (3817)	6/5/1998 10:30:00 AM
From: jhild	Read Replies (1) \| Respond to of 7491

Well since Nevada is a sweetheart state for company owners, I'm sure we will never know the true story. Seems like even the IRS will never know the true story. If you recall: No Corporate Income Tax, No Taxes on Corporate Shares, No Franchise Tax, No Personal Income Tax, No I.R.S. Information Sharing Agreement, Nominal Annual Fees, Minimal Reporting and Disclosure Requirements, Stockholders are not Public Record Additional Advantages Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. Citizens. Directors need not be Stockholders Officers and directors of a Nevada corporation can be protected from personal liability for lawful acts of the corporation. Nevada corporations may purchase, hold, sell or transfer shares of its own stock. Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final. sos.state.nv.us