BobTHJ wrote:
My interpretation was that since there is no time-limit for accepting
shares that have been offered, the offer is still on the table.
BobTHJ
On 6/19/07, * Ian Kelly* <[EMAIL PROTECTED]
<mailto:[EMAIL PROTECTED]>> wrote:
On 6/19/07, Roger Hicks <[EMAIL PROTECTED]
<mailto:[EMAIL PROTECTED]>> wrote:
> root and Eris have been offered shares by Murphy. According to
the newly
> revised section 19 of the Primo Corporation charter, by accepting
those
> shares (if they chose to do so) they become party to the Primo
Corporation
> agreement.
That's an interesting interpretation. I would argue that under the
revised section 19, the sqrt(2) shares that Murphy previously
transferred to me are simply gone -- either implicitly destroyed or
just no longer in anyone's possession.
I disagree with both of you. The sqrt(2) shares that I transferred
to you were created by charter-specified methods (IPO or CFO salary);
and I didn't just offer them, I flat-out transferred them according
to the old section 19.
