Acacia question of the day

[Dravyk]

With Acacia's stock continuing to become cheaper, the idea of buying controlling interest becomes an increasingly intriguing prospect.

Question: Is this legal?

Now, if this were 1934 and a Frank Carpa movie, the poor yokel town victims of the big corporation would in the last ten minutes of the movie end up getting out of their precarious predicament by storming into the corporate headquarters during a board meeting and declare they've bought controlling interest in the evil company, thus saving the day.

But this is nearly 2004, and we're a group of corporations and self-employed pornographers (doesn't play as well on the big screen somehow, does it?), and of course laws have changed radically in the 70-odd years since Capra's big flics.

So, does such a thing violate any law? SEC? RICO? Any business or federal law in any way? Or is it a viable and legitimate avenue of recourse?



Last edited by Dravyk at Nov 18 2003, 08:27 AM