Can Any Company That Is Not A Corporation Sell Stock?

[StrayBullet42]

I'm in collage studying for my associates in business management and my teacher put out this challenge. Now I’m bringing in the big guns…… You.

I’ll pay via Pay Pal.

Proof can be a website or paper reference as long as I can find the html or receive a copy of that paper.

I looked and found nothing but if one of you could take that money from my teacher than cool.

[HipsterDufus]

I'm in collage studying for my associates in business management and my teacher put out this challenge. Now I’m bringing in the big guns…… You.

I’ll pay via Pay Pal.

Proof can be a website or paper reference as long as I can find the html or receive a copy of that paper.

I looked and found nothing but if one of you could take that money from my teacher than cool.

Looks like you can do it, but it's going to be difficult to find a buyer:

http://www.investopedia.com/ask/answers/06...ompanystock.asp

http://stockoptionadvisors.com/isofaq/privatesale.shtml

[n0Mad]

My current class for my MBA is Finance & Accounting. Maybe I'll learn something about it. I didn't in Economics.

[Gaf The Horse With Tears]

um... i thought you had to be incorperated to even have stocks.

[torn asunder]

do your own homework, slacker!!!

[n0Mad]

um... i thought you had to be incorperated to even have stocks.

Depends on if you plan on trading publicly or not. Technically, I could sell you stock in myself, giving you a percentage of whatever I make based on the number of shares you held. It wouldn't be legally enforcable though.

[StrayBullet42]

Looks like we have a winner! :peanutbutterjellytime

but torn asunder, this is more fun

[sass_in_the_pants]

The links Hipster gave you are correct, but those are still corporations, even though they aren't publicly traded.

I would imagine that your professor is looking to find out if other forms of companies such as sole proprietorships, and partnerships have stock. And the answer is no. they are personally liable for raising all capital, be it through loans or their personal funds.

http://www.cis.state.mi.us/bcsc/forms/corp/pub/8011.pdf

This is the publication from the state of Michigan on forming a new business in Michigan.

You will see that when they describe 'what you need' when forming a corporation, they specify that you will need to know the number of shares and who the shareholders are. They do not need that information for proprietorships, partnerships or LLPs.

And don't trust anything people on message boards tell you. They're liars. Every last one of em.

[BrassFusion]

I'll sell stock in myself for a dollar a share.

[Gaf The Horse With Tears]

Who was the winner?

[BrassFusion]

BFN is up 2 points today, so ah... anyone who's already invested would be the "winner." Buy now, while it's still climbing!

[n0Mad]

BFN is up 2 points today

Why would I invest in Butt Fucking Nowhere?

[hellequin]

Why would I invest in Butt Fucking Nowhere?

because you soooo want to go there.

why else would you always be talking about strap ons?

[n0Mad]

why else would you always be talking about strap ons?

That's not strap on I keep talking about, it's St. Rapon. As everyone knows, Rapon is the nickname given to Saint Raymond of Penyafort. It started out at Saint Ray of Pen, and then just Saint Raypen. Eventually it slurred into St. Rapon. I'm always talking about him because he is the patron saint of lawyers after all and I once thought about being a lawyer. I figured I'd be good at it. Afterall I'm lawyering myself out of this one. :grin