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Originally Posted by Paul Markham
Can you name me one online porn company that has shares?
Apart from that minor detail your theory is solid.  |
Paul, I'm confused (or, possibly, one of us is confused).
Besides the fact that some adult companies are publicly traded (as pointed out by Colmike7) the larger point is that basically EVERY FUCKING COMPANY has shares, not matter if they are public or not. The only exception being the sort of one-man operations with special statuses as "sole proprietorship" and the like, which in most legislations means that you are liable with your personal assets for the company fortunes.
You can't do business, let alone process payments or have a merchant account, if you don't have some type of business registration. Almost always, unless you are willing to risk your personal ass, this means that you have shares you can sell or buy.
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Your theory fell apart in so many places.
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It's possible, Paul. What above is not much of a theory, though, it's just how it works. I'm very much willing learn where I am wrong (no irony, it's something I have a practical interest in)