Bad News – Legislation
Last week I stated that there would be an amendment allowing us to sell our stores upon retirement. The amendment now reads;
“1. Page 4, after page 2 add Such provisions would not preclude the capital stock of publicly traded companies, trading on a public stock exchange and registered with the Securities and Exchange Commission (“the SEC”), from being bought and sold.”
In reality this amendment was written solely for First Cash. Us little guys have been screwed by the beast and the county council democrats that are supposed to be for small business.
Is this legal??? We own the same exact business. Can they really say because they are a public company and I am private small dog I can not grow or sell my business but because they are big public lions they can?? Can a law, a legislation really be written or changed for the benefit of one company and the demise of another – two companies that are in the same business!!!??