On Sunday, June 22, 2003, at 01:55 AM, Arik Schenkler wrote:
How much of the business is represented by those shares?
Is this shares? Assume I buy all (or 50.1%), do I own the company?
Good question, which means, I don't know the answer.
To me it's just an instrument that pays a 7.2% dividend
How much of the business is represented by those shares?
Is this shares? Assume I buy all (or 50.1%), do I own the company?
Good question, which means, I don't know the answer.
If it is not clear what part of the company a share represents, then you
cannot really call it a stock.
And what
On 22 Jun 2003, at 3:05, Patrick Chkoreff wrote:
There are voting rights but I'm not sure how that might work.
Where did you get that? Is it secret information you only get
after you buy a share?
Best,
CCS
--
- Virtual Phonecards -
On Sunday, June 22, 2003, at 12:08 PM, Craig Spencer wrote:
On 22 Jun 2003, at 3:05, Patrick Chkoreff wrote:
There are voting rights but I'm not sure how that might work.
Where did you get that? Is it secret information you only get
after you buy a share?
Although I was not sworn to secrecy,
On Sunday, June 22, 2003, at 03:38 AM, Danny Van den Berghe wrote:
How much of the business is represented by those shares?
Is this shares? Assume I buy all (or 50.1%), do I own the company?
Good question, which means, I don't know the answer.
If it is not clear what part of the company a share
From: Arik Schenkler [EMAIL PROTECTED]
Date: Wed, 18 Jun 2003 14:41:52 +0200
To: e-gold Discussion [EMAIL PROTECTED]
Subject: [e-gold-list] Re: New Bourse - a few notes
It looks to me that TGC is offering some kind of bond (if they'll keep
paying the promised dividend).
If it pays
On 21 Jun 2003, at 18:51, Cambist.net wrote:
From: Arik Schenkler [EMAIL PROTECTED]
It looks to me that TGC is offering some kind of bond (if they'll
keep paying the promised dividend).
If it pays a fixed return it's known as Preferred Stock here in the
USA.
A bond, anywhere, has a
Shalom,
It looks to me that TGC is offering some kind of bond (if they'll keep
paying the promised dividend).
If it pays a fixed return it's known as Preferred Stock here in the USA.
How much of the business is represented by those shares?
Is this shares? Assume I buy all (or 50.1%), do
Shalom,
Here's the run:
at current gold prices, that's about $45,000 (I paid less, because I
bought the gold when it as cheap, but put that aside)
tuesday week I get 0.60 times 40 = 24 grams ... say $280
in 18 months, egold (== tgc) will be twice as big, that's 50 grams.
lets say in 4-5
And what if TGC will be twice as small?
And does anyone say that they will increase their dividends if they are
doing good business?
And how is EGold related (beside being the currency)?
It looks to me that TGC is offering some kind of bond (if they'll keep
paying the promised dividend).
On Monday, June 16, 2003, at 11:06 AM, Robert S.Z. wrote:
...
[1] The bourse needs a trading system / clearing facility [and charge
fees
to finance it]. Mere OTC trading will never allow the idea to grow
beyond
a few dozen punters who are mainly speculating - or gambling.
I don't understand,
At 12:31 PM -0700 6/17/03, James A. Donald wrote:
--
When shares are issued, those shares need some independent
authority to check that the business exists, that the owners
are not looting it, and so forth. That authority does not
have to be a state or state sponsored, but right now non
--
When shares are issued, those shares need some independent
authority to check that the business exists, that the owners
are not looting it, and so forth. That authority does not
have to be a state or state sponsored, but right now non state
sponsred institutions to perform this
Patrick,
of course they do have a 'system' - but for one stock - in which the
issuer is also the underwriter, sole broker and exchange.
Now, if other stocks were listed, a 'trading system' would need to be
established. While the current set-up does appear to allow for that in
future, DBourse
At 6:53 PM -0400 6/17/03, Robert S.Z. wrote:
...
JMR,
I believe that the point James is trying to make is mainly that 'somebody'
other than the issuer of the shares should determine the amount of shares
the issuer can issue.
...
Well, right now even regulatory bodies can't do that. Majority
You're all midly psychcotic - it's amazing how the most laissez faire
extremists fall apart and need government regulators when presented
with an authority-related topic like a stock market
Back on planet Earth --
I'VE GOT MY FORTY SHARES!!!
HURRAY !!!
`
click here!
Jim (of cambist fame) and I were discussing the idea about a year ago and
at the time my main concerns were to find a small enough government that I
could convince to let me write their Securities and Exchange act for them.
And so we begin, yet again, the slow ride to tyranny...
[No nation
At 3:31 PM + 6/16/03, SnowDog wrote:
...
[No nation needs a 'Securities and Exchange act'.] Strong laws against fraud
are all that's necessary.
...
Maybe the nation of Sealand has a comment on this subject? I'm
still just pleased that this event has finally happened, because of
problems with
Maybe the nation of Sealand has a comment on this subject? I'm
still just pleased that this event has finally happened, because of
problems with the NYSE-style markets which make many sensible
investors shy away from stocks.
Problems with the NYSE-style markets??
Craig
---
You are
At 3:46 PM + 6/16/03, SnowDog wrote:
...
Problems with the NYSE-style markets??
(Dernit, now I have to go googling, but at least this scam's not the
usual Ponzi BS, and it's certainly about money!)
Yes, criminality-problems not solved by plenty of regulations heaped
on over decades. A small
What are Security and Exchange acts but rules to keep crooks out?
I also don't mean to sleep in a made bed so to say, but I think that too
much non rule puts us at the mercy of the operator - and that Craig is
exactly what you've been vehemently against for the past ten days...
Of course TGC is
Of course TGC is honorable and all, but how about the next company that
lists? CyberFrontier U2Networks may be a viable applicant, GoldNow
another. What if Privacity wants to list? No rules means everyone gets a
go - or is there an undemocratic, tyrannical system in which the
proprietors of
Capitalism and Freedom are derived from a legal and ethical system which are
derived from the principle of Individual Rights. As private property, the
propietors of DBourse get to pick and choose at their own discretion, and
must abide by whatever contracts they have with other people.
Capitalism and Freedom are derived from a legal and ethical system which
are
derived from the principle of Individual Rights. As private property,
the
propietors of DBourse get to pick and choose at their own discretion,
and
must abide by whatever contracts they have with other people.
But if a private company is not allowed to make its own rules, and try to
attract people to use its services voluntarily, then why should an outside
party be allowed to write a 'Securities and Exchange Act', and require such
a private company to follow the act by force?
I never said that
Nothing wrong with that at all. Untill three HYIP crooks who read this
list put their heads together, that is.
Then it's still free market and nothing wrong with that either. Then a few
hundred investors get burned. Free market, tough luck.
Here's where we disagree, and probably where I
Amen.
Can I see Sealand's constitution please?
Ooops, sorry. I meant, can I see the terms and coditions of listing on
Dbourse?
Hmmm. Isn't that what I said from the beginning was lacking and you said
wasn't needed?
I think we both want the same thing. Protect investors against fraud, kick
the
Can I see Sealand's constitution please?
Ooops, sorry. I meant, can I see the terms and coditions of listing on
Dbourse?
Hmmm. Isn't that what I said from the beginning was lacking and you said
wasn't needed?
No, it's fundamentally different. If someone can open a company, and write
the
Robert S.Z. wrote:
What are Security and Exchange acts but rules to keep
crooks out?
In an anarcho-capitalist environment, each Exchange will create
/enforce their own standards, rules and listing requirements. The
reputation of the exchange will benefit or suffer based on the
success these
FYI, there are two more Internet free-market exchanges here,
one based around Webmoney and the other around DMT.
Neither seem particularly successful.
http://www.indx.ru/eng/
https://213.132.35.90/dmtext/jog/LESEfaq.htm
Adam
---
You are currently subscribed to e-gold-list as: [EMAIL
DBourse FAQ reads:
Will other shares be traded on DBourse?
We don't know yet. This might be pointless, as another company
wishing to offer a DBourse-like stock issue may be etter to simply
create their own DBourse-like software. (You could say DBourse
itself could be disintermediated.) On
I forgot to finish my thoughts...inline below:
In an anarcho-capitalist environment, each Exchange will create
/enforce their own standards, rules and listing requirements. The
reputation of the exchange will benefit or suffer based on the
success these rules.
In a minarcho-capitalist
Witness the recent SEC conviction of StockGeneration.
SEC wrote:
According to the SEC's complaint, the website described the
StockGeneration program as a virtual stock exchange in which
participants could buy and sell virtual shares in several virtual
companies at prices set by SG. The
Snow Dog wrote:
Just FYI, Stock Generation was a game -- it was never a serious stock
market. They had a gambling license displayed on their website. All the
companies were fictitious, and they made no pretense otherwise.
Ah, thanks for the clarification, I was unaware of those details.
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