No, achilles2000, you did not. You are now dancing, trying to rewrite what you wrote. And common shares do indeed have an issue value. There was no option to buy 100,000 shares, Apple gave them 1,000,000 shares of pre-IPO shares at $7 a share in exchange for the visits AND the rights to use what they learned on the visits. This has been reported many times. That was the "par value" of the stock at the time it was transferred and the value listed in the agreement Apple gave the judge that resulted in the dismissal of the Xerox lawsuit.
The only one “dancing” here is you. You didn’t read my posts carefully, and now you are making things up. In this post you state that common shares have an “issue” value. Before you said they had a “face” value. In fact, so you don’t flail around any more, common shares in an IPO are “priced”, and that pricing is simply the price at which they are first offered by the underwriter on the day of the IPO.
You don’t understand finance, although you appear to have some acquaintance with the other issues. In any event, I’ve read the thread and have concluded that over all it amounts to little more than a food fight between Apple haters and Microsoft haters. Because I don’t fall into either camp, I don’t see any real value in continuing.
Here is a Malcolm Gladwell piece that confirms what I said about the stock, and it may help you with the Microsofties: http://www.newyorker.com/reporting/2011/05/16/110516fa_fact_gladwell?currentPage=all