Originally Posted by
pinholecam
So how does one sell the shares when he/she wants to?
15% is a bit less.
If it was 25%, I'd order a couple a year to sell over here.
I was wondering that. It sounds like they're selling paper stock certificates rather than going through the New York Stock Exchange or NASDAQ. Presumably a broker could convert them to cash. But, there may not be any market for the paper.
It clearly says Class B, "Non Voting". I haven't really voted with other stocks, but I was thinking that might be an option for a local company. At least to have the option.
It sounds like they're trying to even out their production. I assume sales boom from say March through September, and bust from September through February. While their bikes are semi-custom, I believe that most of them are built around stock frame sizes, stock mast sizes, and stock gooseneck sizes. So, they could get 1000 frames built and ready to powdercoat and assemble over the winter. Perhaps even powdercoating a few. Thus getting a jump on their next year's production.