> That's why the names of the managers need to be known and that's why an > annual meeting is needed to regularly reelect the management. > That's why the voting rights can become important. > Hello Danny, I don't think that we would need to take it quite that far. However, there should be contigency declarations and some legal beagle whom to contact in the case of... Frankly, I am not exactly a fan of voting stock. Simply because it will force the management to compromize in order to stay in office, it gives laymen too much power (which then is often abused by proxy holders to further their own interests). But then, I'm not a fan of anything that allows an uninformed majority to impose their will by forcing the power-that-is to do it's bidding - or at least claim to be doing it.
Majority rule breeds deceit and dishonesty - which then serves as basis to attempt to further the common interest. If a company *does* disclose financials and *does* pay high dividends and *does* have a track record of increasing asset value, then whoever is in charge should stay there uncontested. But then; I have accused of being too practical minded. That said, TGC/DBourse does *not* do any of the above, yet, I still hold shares. The reason being that I found a way to use them as collateral in little tripple-tier asset loan system that pays for itself while financing something else altogether. For me the risk of 'something' going wrong is therefore somewhat limited. If the only revenue of holding TGC shares would be the 7.2% dividend and possible but not necessarily probable increase in share price, then I would consider a bad investment simply because the returns are too low. Even if full disclosure was given, 7.2% per annum is not exactly breath taking. But then, that is my opinion. Cheers, Robert. Which undisclosed content can we host for unknown owners today? budget & privacy website hosting http://www.cyberica.net budget & privacy domain registrations + mail http://www.u2planet.com/cfdomaintrust.html --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
