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That, coupled with live trading shows and a platform packed with advanced charting tools and indicators makes it a solid platform for active traders.Ĭlient disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. We chose Tastyworks for this category because it offers low trading costs compared to the competition and a wide range of derivative trading options, including futures, future e-micros and options. These social features are a great way for new investors to learn about the market and follow trends. eToro also lets you see and copy trades that other investors are making and discuss investment strategies on the app. We chose eToro for this category because it offers commission-free stocks, fractional shares and a complimentary $100,000 demo account so you can practice trading with virtual currency. SoFi also has certified financial planners on staff to help talk you through investment strategies and financial goals - for free.
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These include $0 commission trades, an easy-to-use and highly-rated web platform and mobile app, fractional shares, free automated investing and access to crypto. We chose SoFi for this category because it packs a ton of beginner-friendly features into its investing account. We encourage you to compare stock platforms to find one that's best for your particular budget and goals. Repeated efforts to reach the’ corporation's three principals have been unavailing.We evaluate stock trading platforms against a range of metrics that include fees, ease of use, available securities and advanced tools to meet specific investor needs. The annual meeting today will be held at the law offices of Beal, Kagan & Lentz, at 25 West 43d Street, one block from Bun & Burger headquarters. Nissman claimed reimbursement of $3,755 for such expenses, and Mr. The corporation also pays up to $10,000 a year for medical and dental expenses incurred by the three officers and their dependents if not paid by medical insurance. The three principal officers of Bun & Burger are paid $57,000 each, and nearly $11,000 in annual pension plan accruals is set aside for each. We'll take a loss on the shares we sell to the children, of course.” “So, to head off the going‐private effort, we will sell enough of the new shares to our children and grandchildren to keep the number of shareholders above the magic 300 level. My friends and I have discussed it, and we feel we haven't been treated fairly. Now the company is doing well and is profitable, and they want us out. Two years ago I raised so much fuss at the annual meeting that management declared a 4‐cent dividend, and they got three‐fourths of it themselves. Management sold us the shares in 1969 at $3 each. “Some friends and I control about 20,000 shares. Meisel, who owns 1,900 Bun & Burger shares, said: Leading the dissidents in this Wall Street skirmish is Jules Meisel, an executive of another company. So the dissidents regard as ironic management's comment in the proxy material that the present low price “discourages institutional and other investors.”
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With only 8,184 new shares to be outstanding and with 6,002 of those in management's hands, the dissidents feel it is unlikely that any brokerage firm would try to make a market in Bun & Burger stock. Rothenberg owns 200,200 of the old shares, and each of the others owns 200,000. The three principal officers of the company-Gerald Rothenberg, president Wallace Friedman, chairman, and Irving Nissman, secretary‐treasurer‐hold more than 73 percent of the shares. More than 300 of the shareholders are lost mailings to them come back marked “addressee unknown.”ĭissident shareholders are appalled by the idea of going private, although approval of the reverse split is a foregone conclusion. Approximately 958 of them, the proxy states, own fewer than 100 shares.
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30 were $4,771,302, and earnings equaled 15 cents a share, up from year‐earlier sales of $4,125,575 and earnings of 11 cents a share. Its sales in the fiscal year ended last Sept. Management hopes enough of them vanish so that the “approximately” $46,000 the company spends annually for preparation of reports to the S.E.C., printings, mailings and registry and transfer agent fees can be saved.īun & Burger is a small but growing company. Some shareholders almost certainly will be eliminated.
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