Monday, October 7, 2013

Shareholders With No Ownership!! Why Own Stock and Have No Say In The Company?

Here’s a thought I've wanted to put out there to my co-humanoids and my wonderful ex co-workers of Walmart: You bought shares in the company you work for right? Most of us do it for profit or call it another way of saving money for Christmas or a rainy day.  Do you realize that as a shareholder/stockholder you own a portion of that company? Then tell me how is it possible that you as a shareholder/stockholder need permission to go to the stockholders meeting? Exactly what does holding stock in a company mean and what benefits do you get from it if they still can fire you?

These questions also goes for Utility companies that say become a member and own part of the company, however if you are late on your payment, they don’t want to know how they can help, they want to know when are you going to pay your bill otherwise they are shutting you down?  Does any of this make any since? You tell me this is partly my company yet you have the right to turn off my utility if I don’t pay? 

We have been bamboozled, hoodwinked, and deceived. About what? What it means to be a part owner of a company.  What it means to support a company that does not have your best interest in heart. First let me start by giving you the definition of a shareholder/stockholder.

This is from

"Definition of 'Shareholder'

Any person, company or other institution that owns at least one share of a company’s stock. Shareholders are a company's owners. They have the potential to profit if the company does well, but that comes with the potential to lose if the company does poorly. A shareholder may also be referred to as a "stockholder".
"Unlike the owners of sole proprietorships or partnerships, corporate shareholders are not personally liable for the company’s debts and other obligations. Also, corporate shareholders do not play a major role in running the company. The board of directors and executive management perform that function. Common stockholders are, however, able to vote on corporate matters, such as who sits on the board of directors and whether a proposed merger should go through (preferred stockholders usually do not have voting rights). They also benefit when the company performs well and its share price increases, and they have the right to trade their shares on a stock exchange, which makes stock a highly liquid investment.
Shareholders do have rights, which are defined in the corporation’s charter and bylaws. They can inspect the company’s books and records, sue the corporation for misdeeds of the directors and officers, and if the company liquidates, they have a right to a share of the proceeds. However, creditors, bondholders and preferred stockholders have precedence over common stockholders in a liquidation. Shareholders also have a right to receive a portion of any dividends the company declares.
 Shareholders can attend the corporation’s annual meeting to learn about the company’s performance, vote on who sits on the board of directors and other matters. They can also listen to the meeting via conference call and vote by proxy through the mail or online. To learn more about a company’s policies toward shareholders, consult the company’s corporate governance policies."

Yes it's a lot of reading, but it's important that you understand who you are and what power you hold.  What right do these companies have to tell you you can't go to the shareholder meeting unless you are in good standing on your job? This is one of the illegal practices of Walmart. Walmart tells their employees who are stockholders that only a select few can go.  How many other companies do you know practice this?

You have the right to inspect the company's books and records.
You have the right to vote.
You have the right to sue the corporation for misdeeds.
You have the right to attend the corporation's annual meeting.

How many owners you know fire themselves from their position? Who has the right to do that to a employee of the company he/she partially own due to purchasing stock?  Remember it says you only need one share to be an owner. 

Have you ever thought what would happen to a company who sells stocks to their employees who decide to sue the corporation for "misdeeds of directors and officers"?  I can safely say if this was said of Walmart, it would crumble at the knees of its own employees.  Do you understand the power you have for change by standing together as a unit? Imagine if the stockholders would decide to take a stand together and sell their stock. What would happen to the corporation? Simple, they would go belly up.  

Bottom line is you are the most important part to other peoples success and you don't get the same from them. You build these companies, you buy stock in these companies, they profit off your hard work and the only thing you get is a check barely covering your basic expenses, while they live well.

When is enough going to be enough? When will you stand up for yourselves? If the integrity of the company you work for is in question, then your integrity is questionable. Change** is coming right around the corner. It may look like there is nothing but chaos all around, however to change the chaos you must start with you.  You want change, start to understand who you are. You are a human with rights. The right to govern your ownselves not based off of fear, but your sovereign right to live life fully according to your desire. The right to not live in fear of how you will take care of yourself and your families. 

Dig deep down inside yourself and start to live again!

**Change coming: 

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