Minority stock owners can easily be wiped out by bastard moves of insiders. The management can issue 8 zillion new shares of stock. It's probably illegal, but

Minority stock owners can easily be wiped out by bastard moves of insiders. The management can issue 8 zillion new shares of stock. It's probably illegal, but once things are going down the tubes at a small company the stakes are usually too small for it to be worth it to the minority shareholders to bother with lawyers.