Better to allow only one kind of stock |

Better to allow only one kind of stock

It is difficult to have confidence in my share of stock when my company may distribute similar shares, or perhaps preferred shares, as a gift or “option” to others, free or at some other mystical unforeseen price. Also, insiders can reap big rewards by merely being associated with us other shareholders.

Ask Congress to “stabilize” the basis – the integrity – of a share of stock by prohibiting all distributions of stock, stock options, etc., that “dilute” existing stock worth, unless the owner of each and every share of stock receives the exact same distribution.

Prohibit insiders from purchasing IPOs of a company without first giving notice and benefit to the company and/or owner of each and every associated share.

Only allow one class of stock.

John Bauer


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