2 Answers

"The artist's share is the approximate amount of value of his shares if he were to sell at the launch of the stock?"

I know a company going pubic will normally get permission from the SEC to sell more shares than it plans to issue, so they need not apply to the SEC when or if it choses to sell more shares, but I still can not understand what shares he could have prior to the IPO, if he was not one of the partners of the company before the IPO.

I bought out my financial partner a few years after I started my business and ten years BEFORE I expanded the business into five more state.

Before I sold my now wholly owned company I went public.  I did so that my four brothers and sisters as will as my children, grand children and great grand children would get their portion of the millions I got for selling my company and I would escape the 52% Federal death and Inheritance tax as well as the various state Estate and Inheritance taxes, in the six states in which I operated my business, had I sold it before stocks were issue.

Really?  How did he get a "Share" in a private company, BEFORE there were any shares created by the IPO?