Login or register
Login or register
Stay logged in
Log in/Sign up using Facebook.
Log in/Sign up using Gmail/Google+.
CREATE A NEW ACCOUNT
Email is optional and is used for password recovery purposes.
Have the FunnyJunk newsletter e-mailed to you
Rank #9464 on Comments
Level 322 Comments: Covered In Thumbs
Send mail to ludislavonac
Invite ludislavonac to be your friend
Last status update:
Date Signed Up:
At the bar
Highest Content Rank:
Highest Comment Rank:
Content Level Progress:
Level 131 Content: Respected Member Of Famiry → Level 132 Content: Respected Member Of Famiry
Comment Level Progress:
Level 322 Comments: Covered In Thumbs → Level 323 Comments: Covered In Thumbs
Times Content Favorited:
Total Comments Made:
What people say about ludislavonac
latest user's comments
- most countries prohibit companies from owning their own stocks…
wtf, then where do the stocks come from if the company doesn't own it to begin with?
Well it's a bit complicated to explain, so I'll try to be brief. Bear in mind that this is the germanic model of company law, not sure if that's how it works in common law countries.
> a group of people decide to create a stock company
> they create the statute of the company, fill out the paperwork and then they have to pay a certain amount of money onto a special bank account - that money is the base capital of the company.
> base capital is represented in stocks. 1 stock could be for example $10 worth of base capital, or it could be $10 000. You need to have, by law, a minimal amount of base capital, for example $100 000, which means you'll have 10 000 stocks in the first case, or 10 in the second.
> most of the time the company founders will pay out the entirety of the base capital, thus becoming the only shareholders of the company. Other times they will pay only a fraction and put out a public bid. This way they don't have to shell out as much cash for starting up the company, the downside is they have a smaller part in the company.
in essence the company itself does not own it's own stocks, they are meant to be owned by people or other companies. Thus the need for real buyers and sellers exists, what these guys on 4chan don't seem to understand.
- Also having the child killer perk could be real hindrance in i…
Anon plays Fallout 2
- Her reaction made my day a little brighter
- Comment deleted
Update on marriage. It was...
Comment deleted by
- It isn't poisonous, it's exactly as you described.
- Get my first salary 2 weeks ago. A quarter of it went to pay t…
Ancient Slav Riddle
- Don't know about the common law legal sphere, but where I come…
Equality is a pain in the ass
- This woman kinda looks like my boss...
Robot is suspicious
Tell her I said what's good
Show Comments (91)