msoptimistic
Registered User
- Messages
- 14
Possible, yes, but also very unusual. If he were to sign them over for nothing, he would be giving you a substantial gift (the current value of the future income stream).2) The fella (Shareholder A) whom we would be replacing is actually not looking at making a profit out of us. He said if he could, he would sign the shares over to us for nothing! (he is actually not involved in the running of the company. His name was used as a director by Shareholder B. If you know what I mean. So it is shareholder B who suggested we replace him. Shareholder A has no problem giving it up at all for nothing. Is that possible?
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