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July 31st, 2002, 10:07 PM
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National Security Advisor
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Join Date: Jan 2001
Location: Ohio
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Re: How do they do it?
Hey Baron, that gives me an idea. We could sell PBW stock. It worked for Redhat. 
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I used to be somebody but now I am somebody else
Who I'll be tomorrow is anybody's guess
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July 31st, 2002, 10:35 PM
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General
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Join Date: Aug 2000
Location: Ohio, USA
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Re: How do they do it?
Sounds risky to me... what if someone misunderstands and wants their annual dividends?  Lawsuit time... 
And even barring a complete screwup like that, I suspect that people holding even 'token' shares would start to want to have a say in how it was run and you might have conflicts on your hands. |
July 31st, 2002, 11:39 PM
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Shrapnel Fanatic
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Re: How do they do it?
You could also "host" couldn't you?
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Creator of the Star Trek Mod - AST Mod - 78 Ship Sets - Conquest Mod - Atrocities Star Wars Mod - Galaxy Reborn Mod - and Subterfuge Mod.
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August 1st, 2002, 01:02 AM
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National Security Advisor
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Join Date: Jan 2001
Location: Ohio
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Re: How do they do it?
We do it by keeping the overhead low, so we can pass the savings onto you, the customer. 
Of course all donations are happily accepted, and we do get them a decent clip. Enough to just about cover the monthly expenses. Not quite cover, but almost.
Geoschmo
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I used to be somebody but now I am somebody else
Who I'll be tomorrow is anybody's guess
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August 1st, 2002, 04:49 AM
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First Lieutenant
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Join Date: Sep 2001
Location: Edmonton, Alberta, Canada
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Re: How do they do it?
Release non-voting 'token' shares only.
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Jimbob
The best way to have a good idea is to have lots of ideas.
-Linus Pauling
Take away paradox from the thinker and you have a professor.
-Søren Kierkegaard
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August 1st, 2002, 09:03 PM
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General
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Join Date: Feb 2001
Location: Pittsburgh, PA, USA
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Re: How do they do it?
Quote:
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what if someone misunderstands and wants their annual dividends
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Whether a stock pays dividends is entirely up to the issuing company. Lots of companies never pay any dividends at all.
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Cap'n Q
"Good morning, Pooh Bear," said Eeyore gloomily. "If it is a good morning," he said. "Which I doubt," said he.
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August 2nd, 2002, 03:24 PM
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Colonel
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Join Date: Dec 2001
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Re: How do they do it?
Whether a stock pays dividends is entirely up to the issuing company. Lots of companies never pay any dividends at all.
Not strictly correct. Whether a share pays dividends depends on the rights attaching to that share.. as Capnq says, the majority of most shares will only attract a dividend to the extent the company declares it, and subject to local accounting conventions. Certain stock, such as preference or participating shares, will often have a mandatory dividend, for example, a dividend fixed at a flat 5% per annum or a percentage of profits post tax and debt service costs....
Geo, joking aside, you and the other fellahs do a sterling job and should be well proud of your achievements.. I dont really mind if you do have a stable of racy Italian sportsters.. (well, ok, I do)
[ August 02, 2002, 14:25: Message edited by: Growltigga ]
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