Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
ffssixtynine
on 11/02/2014, 17:56:41 UTC
I was also under the assumption that owning 1 share gave a person a 1/16,000,000 stake in Neo&Bee itself - equity in other words. Is this not the case? Do my shares actually mean nothing?

The shares are profit shares, not equity in the company. Common misconception in this securities section.

Danny will be more knowledgable than me on this but aren't they still classified as tradable securities though? And the SEC doesn't mind reaching out internationally if it really wants to.