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What's the Book on Phantom Stock?

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How Do I Write a Letter to a One % Shareholder?

There are only a limited number of ways to look at it. One is a fixed percentage, right? If you have one or two people, you give one, two % to each of them, youre fine. But if you have a plan, a phantom plan, where each unit in the phantom plan represents a one % interest in the company, and you start off with one or two, but then you lose track, nyou keep giving these away to other, you know, other employees. As you become successful, and you don't really keep tract soon enough, you might accidentally have given away 20 % of the company. So what i'll do is i'll just set up

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