Alex sells rights to VH

[golden boy]

I heard from a very well placed source that Alex sold his rights to VH To Eddie and he now is the major stock holder in the company. Eddie gives him a pay check every week. That is why everybody listens to Eddie because he is the boss. Al is a fool for doing this because now he has to go to his brother for everything. No wonder why Dave did not want to work with these guys.

[lms2]

When was this supposed to have happened?

[Carmine]

Van Halen Stock???? PUHLEASE!

Can I get 1000 shares....should be cheap by now!

[lms2]

[Carmine]

Originally posted by lms2

[lms2]

Actually, I can see DAve setting Van Halen up as a corporation to insure that all four of them had equal say, and to insure that the brothers never got to big of a head about the band having their name... but I wonder how that worked after the split.

[Carmine]

Originally posted by lms2
Actually, I can see DAve setting Van Halen up as a corporation to insure that all four of them had equal say, and to insure that the brothers never got to big of a head about the band having their name... but I wonder how that worked after the split.

The stock plummets to epic lows in April 1985, is sold for pennies per share with the announecment that Sam Hagar will be succeding Dave and the Duke bothers from Trading places have company on the sidewalk!!!!!

[Big Train]

THey have ALWAYS been a corporation. You can't go on tour without incorporating...ins., salaries, etc..

I highly doubt this story though. Alex is an idiot, sure, but I doubt he would structure his finances this way unless there was ABSOLUTELY no way to hang on otherwise. If this were the case, the last person who could afford to buy would be Eddie. Not to mention, if Eddie did "own the car" they would have had to have bought out Michael Anthony at some point.

[lms2]

Theoretically, lets say there were 100 shares of VH stock, each member owning 25 shares. Ed purchasing Al's shares would then give him 50 shares, or twice as much as the other two members... but it would be pointless as long as Dave and Mike stayed on the same side... any vote would be dead locked. I can't imagine shares of stock being (originally) anything less than an equal split.

[Chris]

Maybe he did do it.

Perhaps he was trying to protect himself from all those divorce lawyers?

[tjvhou812]

doubtful

[Gmoney]

I would value my VH stocks about as much as my ones from Enron.

[Terry]

Wouldn't surprise me, but if I had a nickel for every post I read from someone claiming to have the inside-skinny from a "well placed source" that turned out to be bupkis in the end...I would've made $2.85 this year alone.

Think Dave doesn't want to bother with these guys because they won't let him back in on an even split.

[golden boy]

I try to tell you inside info and nobody listens this site is a joke. I was going to write another thread and tell you some inside info, but why waste my time to be on trial? fuck no

[golden boy]

Terry even split of what? If there is nothing to split up what is the problem. That thing is what Alex sold to Eddie everything.