Firstly I'd like to repeat my earlier statement (probably lost in the storm of posts recently) that to my keen eye, the TGC offering is actually a bigger and better version of their old 'funbonds' scheme.
that seems very astute.
To me, the old "FunBonds", and MSFT shares, and these new TGC shares are the same thing.
The only difference,
(*) FunBonds -- the "payout" was absolutely objective (it was calculated by multiplying the number of hands played in a given time period, all specified objectively, by a certain number, and the result was te payout per Fun Bond)
(*) Microsoft shares -- the Board sits around and decides on a whim what "dividend" should be paid to each share of each type of share that month or year
(*) TGC shares - the Board (management? Jim Ray? whatever - who knows) sits around and decides on a whim what "dividend" should be paid to each share of each type of share that month or year
MInd you, that's just me. I have a high capacity to abstract things out into encompassing sets - to me it seems obvious that a "TGC shares" and a "MSFT share" is the same thing with (spectacularly) different specific conditions.
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