Hands of Justice

What we have played => EVE Online => Topic started by: Mangala on March 28, 2009, 08:09:31 AM

Title: Corp shares
Post by: Mangala on March 28, 2009, 08:09:31 AM
Im thinking about generating a vote between my alts, for an issue of more shares in the corp, than selling them to members to raise us some capital and get the members feeling like it acually is their corp?

I'd also reduce the shares held by my alts too :)
Title: Re: Corp shares
Post by: Rubino on March 28, 2009, 11:38:37 AM
Good idea.

How much were you thinking of raising and how many shares?
Title: Re: Corp shares
Post by: Mangala on March 28, 2009, 11:54:04 AM
Good idea.

How much were you thinking of raising and how many shares?

Well my alts and the corp have 2k between them, im looking at returning 1k or so of those and issuing another 1k.  So 2k share offer at 10million a share? Withit an ongoing thing, people buy in as they see they can afford too. Means I am in a position to be voted out of the CEo role by a majority, and also means should I ever press the dividend button I cant run off with all the money!

As a sweetner offer a dividend from the master wallet of x% every 6months too :)  Almost like the share stuff on the market forum, but less involved and more of an inhouse thing :)
Title: Re: Corp shares
Post by: Rubino on March 28, 2009, 02:40:26 PM
Ok.  That sounds reasonable and would raise the potential wallet of the corp tp around 20b should the 2k be sold (unlikely but..)
I'd suggest aiming for 3 monthly payouts (people can picture a 3 month timeframe better than a 6 monthly) and the provision that shareholders offer shares they wish to sell to within the corp first.

Instead of the payout from the master wallet - can we collapse Station Rents & factory jobs into 1 wallet and create a Shareholders payout wallet?
Then just come up with a process of assigning x% from sales into the shareholders wallet.

It gives people something simple they can view wrt dividend payouts.

Title: Re: Corp shares
Post by: Mangala on March 28, 2009, 08:49:55 PM
Ok.  That sounds reasonable and would raise the potential wallet of the corp tp around 20b should the 2k be sold (unlikely but..)
I'd suggest aiming for 3 monthly payouts (people can picture a 3 month timeframe better than a 6 monthly) and the provision that shareholders offer shares they wish to sell to within the corp first.

Instead of the payout from the master wallet - can we collapse Station Rents & factory jobs into 1 wallet and create a Shareholders payout wallet?
Then just come up with a process of assigning x% from sales into the shareholders wallet.

It gives people something simple they can view wrt dividend payouts.



Glad you posted the refinements - had similar thoughts myself today :)

I'll spend a day or so mucking about with a nicely presented post and associated isk projections etc, then get it rolling :)
Title: Re: Corp shares
Post by: Mangala on March 29, 2009, 05:51:46 PM
So, moved shares about. Mang now has 1k, vote is in for another 1k to be issues leaving the corp holding 2k for the Share Offering.

Post for it will be ready either late late this evening or tomorrow evening :) Mentioned in chat earlier, so people have an idea about it.

Not sure if directors as well as shareholders get a vote, but if you do at all, then just say yes :D
Title: Re: Corp shares
Post by: Rubino on March 29, 2009, 11:27:32 PM
Only shareholders get a vote - I think directors can only propose them
Title: Re: Corp shares
Post by: Rubino on March 30, 2009, 12:38:12 AM
Xorx donated 250m to the corp ahead of the share issue (25 shares @ 10m/share).
Title: Re: Corp shares
Post by: Mangala on March 30, 2009, 05:19:01 AM
Xorx donated 250m to the corp ahead of the share issue (25 shares @ 10m/share).

cool :)
Title: Re: Corp shares
Post by: Mangala on March 31, 2009, 06:53:21 AM
Started off well :)

650mill raised so far, witrh a further 250 to come from mac this weekend.
Title: Re: Corp shares
Post by: Rubino on March 31, 2009, 10:56:26 AM
Aye - it's looking good :)
Title: Re: Corp shares
Post by: Mangala on April 04, 2009, 08:22:16 AM
Just incase you missed it in chat lastnight, my preference for the current offering stash is on Cap ship stuff.  Lets actually get making stuff and what not.

We have around 9 weeks to deal with the DS thingmabob and that is an isk-sink, rather than something that can make us a return, which is where I'd sooner the wallet is for the time being.
Title: Re: Corp shares
Post by: Rubino on April 04, 2009, 10:21:46 AM
Aye - I caught it before I logged.
Ok - I'll check what the next most useful BPO will be but we're still short a little short for one - they're between 1.1 & 1.3b each for something with decent research.

I have enough personal isk for a small POS, a weeks fuel and some guns - so I'll probably set one up in WMH in the next day or so - so we can mine Bistot, Crokite, Dark Ochre from there and Ark from the system next door.  4hrs solo mining will give us enough Zyd & Mega for a carrier - and that'll allow us to start pushing out ships.
Title: Re: Corp shares
Post by: Mangala on April 04, 2009, 10:37:36 AM
I'll make up the diff on the first cap BPO if necessary :)
Title: Re: Corp shares
Post by: Rubino on April 04, 2009, 11:13:27 AM
I've chatted with a guy from SS & RR (the sov holding alliance) in the WMH system and he's dropped a mail to the diplomat.
Their diplo is US TZ - so I'll try to grab them when they're online.

I tried to get access to Minotaur via SOT but there's a ton of red tape involved. I've also dropped the PL diplo a message via their forums to see if I can get access via them.  I'm not holding my breath though - hence WMH being the main option currently.

While WMH isn't a great system for mining (it only has 1 belt) - it's sov 2 (and hence Cap jumpable) & it's next door to another with a decent number of belts & Ark.
Title: Re: Corp shares
Post by: Rubino on April 06, 2009, 08:25:50 PM
Regarding the BPO for cap ship parts: Shield Emitters or Sensor Cluster would be a good next one - good overlap in use between Carrier & Dread.
ME: 50 and a decent PE would be good.
Title: Re: Corp shares
Post by: Mangala on April 06, 2009, 10:25:33 PM
Bpth good choices, seen a couple of auctions for both with good reserach on them, I'll check again when I'm next on. Mondays not the best day to look for anything on contracts except actual items, post weekend lull in the bigger stuff.

Also going to look at a SHIP BPO too - even if KASEI then needs to reserach it for a while, its a start and means less reliance on a good supply of cap ship bpc's.  I was thinking Chimera obviously as you can fly those to market stations :)
Title: Re: Corp shares
Post by: Rubino on April 06, 2009, 11:53:02 PM
ok - cool.  Chimeria/Phoenix would be good.  I think Hrod's looking into the Nag Dread after he gets JF's.
I've about 50d training on some alts and 35d on Red to be able to fly the other races.