Interesting stock sale by the WBTS as part owner (page 2)

Jourles

I just don't see why someone would give them stocks rather than cash the stocks in first and give them cash

You've heard of RANDCAM, right? Plus, if I were to have the WTS in my will, I could easily have them be the beneficiary of everything I've got. Cash, stocks, gold, whatever. It goes to the WTS for them to do how they please. The same way if my parents were to leave me their house. They are not going to sell it first then give me the proceeds when they die. They don't know when they're going to die. I get the deed to the house. If I want to sell it, it's up to me.

Kaput

Something's very wrong and 'fishey'!

Been that way for a looooooooooooooooooooooonnnng time.

Outaservice

If the origional owner of the Ram stock was a JW, which he must have been to give that kind of gift, why did he own 'war' associated stock in the first place????

Outaservice ( I smile because I don't know what the he#& is going on!)

BabaYaga

My guess is that the owned stocks in question were an "inheritance" (postmortem gift) given in a will from some JW who gave all to the damnedable society instead of their shunned family members.

Just a thought. Charitable giving at its finest.

Baba.

nelly136

http://sec.edgar-online.com/2004/08/16/0001003297-04-000362/Section13.asp

2.25 Stock Purchase Agreement, dated July 1, 2004, by and among Home
Solutions of America, Inc., RAM Home Warranty Holding Corp., John
Mazurkiewitz, Melinda Mazurkiewitz, and Watch Tower Bible & Tract
Society of Pennsylvania, Inc. (filed as Exhibit 2.1 to the Company's
Current Report on Form 8-K filed on July 20, 2004, and incorporated
herein by reference).

heathen

I think we have discussed the RAnd cam situation before .It was suggested that people can put the stock under whatever name they want but that doesn't mean the WTBTS has trading options on it .If they did I don't see why they didn't cash in on it . They are more about real estate than stocks so would figure they cash in on what they are holding and invest in properties . If they are playing the stock market then they are no better than the people they condemn for playing the Lotto or gamble since it is all about greed in the end .

Interesting stock sale by the WBTS as part owner