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Green Bay Packers Fan Forum
OFFICIAL THREAD ON PACKER STOCK SALE
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<blockquote data-quote="Ceodore" data-source="post: 404573" data-attributes="member: 5438"><p>Great question! I'm just speculating, but seeing as how the stock really serves no purpose other than a one time use for raising funds and voting rights (they dont have market values, don't pay interest and dividends etc.), having a split or reverse split would really serve no purpose other than to increase or decrease the number of voters. I can't really see them doing that for just voting rights, unless I'm missing something else.</p><p></p><p>I'll add a 3rd question.</p><p></p><p>I'm thinking of buying one for my father for X-mas. If he passes away is the share transferable to either me or my mother? I thought I read somewhere that it is not. But if it's not, what becomes of the share after my father dies? It seems it would be useless as no one could vote for the represented share of stock.</p></blockquote><p></p>
[QUOTE="Ceodore, post: 404573, member: 5438"] Great question! I'm just speculating, but seeing as how the stock really serves no purpose other than a one time use for raising funds and voting rights (they dont have market values, don't pay interest and dividends etc.), having a split or reverse split would really serve no purpose other than to increase or decrease the number of voters. I can't really see them doing that for just voting rights, unless I'm missing something else. I'll add a 3rd question. I'm thinking of buying one for my father for X-mas. If he passes away is the share transferable to either me or my mother? I thought I read somewhere that it is not. But if it's not, what becomes of the share after my father dies? It seems it would be useless as no one could vote for the represented share of stock. [/QUOTE]
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OFFICIAL THREAD ON PACKER STOCK SALE
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