Heres a good read on Par value!   Par value stock has no relation to market value and, as a concept, is somewhat archaic

HEHEHE! Take that you FN BOZOS!

http://en.wikipedia.org/wiki/Par_value

http://www.addqa.com/corporations/1002-corporations.html

http://smallbusiness.chron.com/importance-fac...38474.html