This document discusses various topics related to shares issued or recorded at less than par or the value of consideration received, including shares issued at a discount, watered shares, secret reserves, treasury share subterfuge, and assessments on shareholders. It covers the concepts and implications of issuing shares below their actual value.
This document discusses various topics related to shares issued or recorded at less than par or the value of consideration received, including shares issued at a discount, watered shares, secret reserves, treasury share subterfuge, and assessments on shareholders. It covers the concepts and implications of issuing shares below their actual value.
This document discusses various topics related to shares issued or recorded at less than par or the value of consideration received, including shares issued at a discount, watered shares, secret reserves, treasury share subterfuge, and assessments on shareholders. It covers the concepts and implications of issuing shares below their actual value.