Jane Hughes

Jane Hughes

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Storyboard Description

storyboard number 2

Storyboard Text

  • An opportunity arises to buy a skateboard company, this will give the current company another product to sell and grow it even more. 
  • In order to raise enough money we are issuing preferred stock, and giving that to the owners of the skateboard company.
  • As long as the business is doing well  preferred stockholders receive regular income, known as dividends.
  • An original stockholder of the Hughes company sold their shares for cash. The companies shares are sold in town but the company is located in an OTC market.
  • If the company continues to grow it could eventually become part of the NYSE by paying a yearly fee and meeting other requirements.
  • The NYSE is located in a building on Wall St. in N.Y.C. in order to be listed a company must have 300,000 or more shares, owned by at least 1,500 people, also publish financial  statements every three months.
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