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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: Brady B. who wrote (16695)12/5/1998 9:38:00 PM
From: wlcnyc  Read Replies (1) | Respond to of 18444
 
"A common shareholder could never end up owing money could they? "

Gee thanks, Brady, just when I was going to say it couldn't get any worse! They can have my USXP! LOL



To: Brady B. who wrote (16695)12/5/1998 11:17:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
Brady, a common shareholder cannot wind-up owing money.




To: Brady B. who wrote (16695)12/6/1998 2:49:00 PM
From: Terry T.  Read Replies (1) | Respond to of 18444
 
It kills me to say it, but I agree with JT. While I refuse to "opine" on most legal matters over the internet, I am not sure why a minority shareholder would be personally liable purely for being a shareholder. A majority or controlling shareholder - that is a different story.