Talk of The Villages Florida - View Single Post - Seco investing
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Old 12-11-2011, 03:29 PM
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HelenLCSW HelenLCSW is offline
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Quote:
Originally Posted by THE NEWCOMER View Post
Can someone explain to me how I can own more of SECO. It appears to me that it not publicly trade corporation. I don't understand how it was created and why someone would put out the capital with no payback. Since SECO is my power company I would like a bigger piece of the pie. Example: Here in VA we have Dominion Power which is a Public Traded Corp. They sell stock that pays a dividend. (You can't beat power companies, so own them) I know I pay $5.00 to join the co-op but that can't possibly pay for the capital outlay for new construction. I looked on SECO web site and no mention of additional ownership/stock. Thanks!
Probably owned by the Morses?