[meteorite-list] Ad Unusual Meteor Crater stock sale

From: Mike Jensen <meteoriteplaya_at_meteoritecentral.com>
Date: Fri, 4 May 2007 10:59:32 -0600
Message-ID: <6f9da8300705040959m189a9d3bj68a8c2ec005754d5_at_mail.gmail.com>

Hi Darren
Actually all of the stocks were issued to the parent company USSR & MC
except for the first one. My guess is whenever they needed money for
the operation they issued stock equal to how much money was sent to
the crater as 4 of the 5 stocks are for different amounts. I am not an
expert in corporate finances or legalities but my guess it was done
for legal reasons. Unfortunately I could not figure out how much each
share was worth but $100 would be a good guess as this seems to be a
common amount around this era.
BTW I sold one of the stocks already #16 so only one left.
Mike Jensen
Jensen Meteorites
16730 E Ada PL
Aurora, CO 80017-3137
IMCA 4264
website: www.jensenmeteorites.com
On 5/4/07, Darren Garrison <cynapse at charter.net> wrote:
> On Fri, 4 May 2007 08:27:04 -0600, you wrote:
> >Meteor Crater historical document. I am selling these two stocks #16
> >(Nov. 8, 1920) &
> >#20 (Apr 23, 1921). Both have been folded in 1/3 as was common for
> Interesting that it took 5 months to unload 5 of the certificates.  Guess not
> many people had faith in the operation.  (Of course, in this case the nay-sayers
> were right).
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Received on Fri 04 May 2007 12:59:32 PM PDT

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