Can A Retail Investor Attend an Annual Stockholders’ Meeting?

Before we answer the question, let us go back first to the Stockholders’ Rights and Protection of Minority Stockholders’ Interests section of the SEC’s Code of Corporate Governance.

What Are Your Rights as a Minority Stockholder?

1) As a shareholder, you have the right to elect, remove and replace directors and vote on certain corporate acts in accordance with the Corporation Code.

2. You have the right to subscribe to the capital stock of the corporation (pre-emptive rights).

3. You have the right to inspect corporate books and records including minutes of Board meetings and stock registries in accordance with the Corporation Code and to provide them an annual report, including financial statements, without cost or restrictions. Continue reading Can A Retail Investor Attend an Annual Stockholders’ Meeting?

What Happens To My Stocks (and CASH!) if My Stockbroker’s Gone Broke?

Most newbie investors (and some senior traders alike) still have this fear that their investments are not protected in case their stockbroker shuts down its operations.

Is there really no equivalent to the bank’s PDIC or Philippine Deposit Insurance Corp. which insures the stock traders and investors should there be a judicial declaration of insolvency or closure of a stockbroker? Continue reading What Happens To My Stocks (and CASH!) if My Stockbroker’s Gone Broke?

I Am Scam Hunter

Four Types of NERDS

Theoretically, there are four types of nerds in the world:

1) Those who were scammed and are crying in the rain
2) Those who were scammed and pretending they were not
3) Those who are waiting to be scammed
4) And those who HUNT for SCAMMERS

Continue reading I Am Scam Hunter