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Dianabolic
Reikoku Band of Brothers
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Posted - 2008.07.06 21:13:00 -
[1]
So I'll preface this by saying, yes, Reikoku has a vested interest in this facility - I'd guess we're not the only ones, though.
So, I would like to request that the CSM push for the ability for corporations to delist themselves from "The stock market" (which of course doesn't exist at the moment) in so much as all shares of the company would be deleted and the original 1000 shares would be deposited in either the corp wallet, or on to the CEO.
Thank you for reading. Reikoku Diplomatic Forums
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Dianabolic
Reikoku Band of Brothers
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Posted - 2008.07.06 21:17:00 -
[2]
Some "RL" data for consideration:
To delist, it requires a 75% yes vote To force a compulsory buyout (another potential feature?) requires 95%+ (iirc). Reikoku Diplomatic Forums
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Mr Friendly
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Posted - 2008.07.06 21:37:00 -
[3]
Don't like people spying on your stuff? Don't give out shares or control the shares better.
I bought my shares fair and square from a person entitled to sell them to me. I expect to keep them in the original condition I bought them.
If you desire privacy, there's already a mechanism for that. Disband your corp and reform under a new aegis. Onerous, but already accounted for by CCP, using existing game mechanics.
You don't need to have the game changed to do what you want, you just want it to be easy.
Not signed.
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Sydonis
Federal Defence Union
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Posted - 2008.07.07 01:20:00 -
[4]
Signed - sometimes it's hard when a corp has billions in resources and dozens of offices to get shares back off one or two people in order to unlock BPs or otherwise run the corp.
I'd actually also like to see a stock market in EVE tbh, but that's not covered by this vote
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Seara Arrodan
Caldari Honourable East India Company
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Posted - 2008.07.07 03:11:00 -
[5]
Reason #234789 why you should ALLWAYS as CEO maintain no less than 60% of all company shares CEO Honourable East India Company
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Dracorimus
Caldari Deep Core Mining Inc.
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Posted - 2008.07.07 10:01:00 -
[6]
I bought my RKK shares fair and square
You can purchase them back for a sum, as it would be totally wrong to just delete them, as people bought them fair and square.
You know your rich enough, you can offer a price to those having RKK shares and make everyone happy by playing by the rules and buying back your shares
- Die faster damnit! |
Itanis
Sharks With Frickin' Laser Beams
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Posted - 2008.07.07 10:09:00 -
[7]
/signed
Annoying especially when bitter ex-CEOs and whatnot hold a majority of the vote, preventing the corp from doing their funky groove thing.
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donVito Corleone
HUN Corp. HUN Reloaded
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Posted - 2008.07.07 20:05:00 -
[8]
I support this as well, there should be a way to fix problems that were screwed up in the first few days of eve.
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Amergin
HUN Corp. HUN Reloaded
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Posted - 2008.07.07 20:11:00 -
[9]
Originally by: Itanis /signed
Annoying especially when bitter ex-CEOs and whatnot hold a majority of the vote, preventing the corp from doing their funky groove thing.
This!
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Matalino
Gallente Ki Tech Industries
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Posted - 2008.07.07 22:26:00 -
[10]
Originally by: Dianabolic To delist, it requires a 75% yes vote To force a compulsory buyout (another potential feature?) requires 95%+ (iirc).
Exploitable, unless a significant change is made to the process of creating shares.
Requiring a 95% vote in favor, need only be proceeded by a motion to increase the number of shares 20x.
The motion to create shares only requires the approval of 50% of votes.
The motion to create shares can be repeated until there is a 24 hour window where only a minority of opposition to the creation of shares is able to log on: ie 1 minute before a 24 hour downtime.
Suggesting that shares can be recalled by the arbitrary will of the corp removes any value that the shares might have. This proposal runs completely counter to concept of trading shares.
Perhaps alternative management methods might be structured so that corps can be managed without the need to propose votes for each action: ie allowing the corp to vote to give the CEO free (or limited) reign to pass sactionable actions without the need for seperate votes.
The ability to revoke shares would be vastly over powered, as such I firmly oppose this proposal.
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Tusko Hopkins
HUN Corp. HUN Reloaded
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Posted - 2008.07.07 22:34:00 -
[11]
There have been proposals earlier to change the way the stocks are working and are being traded. For example this one. I think, if the stock market and the stock handling is undergoing a change anyways, this specific feature could also be designed into the new stock mechanics without opening a new exploitable area. I think this problem is worth to be considered IF the stock market is undergoing a change anyways.
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Yaay
Game-Over The Requiem
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Posted - 2008.07.08 01:09:00 -
[12]
I think the real issue Dian gets at is that there was never policing by any corporation of stocks b/c honestly, for 5 years they've had no value. They were never implemented into the game effectively and therefore when a fix comes, there should be some way to fix past history.
It's easy to say, oh well you should have been more careful, but if you truly look at the value of any stock over the history of this game up until that slip up 4.5 years in, they've had no value.
I understand the people who have paid have a concern in this. But honestly, you were pawns in a bigger scheme that really took advantage of a flawed game feature. It'd expecially be different if having 1 share didn't grant such intrusive access into the company. Keep in mind, If RKK were to try to buy their way out of this mess, they'd be so heavily exploited it be a joke. And to ask them to give up a name of such history over this is so far beyond belief that you can't truly justify it.
It' be like asking Microsoft to change their name b/c 1 stock holder is exploiting them for 20 billion to regain that 1 share.
It's the Economy Stupid |
Hrian d'Chick
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Posted - 2008.07.08 15:46:00 -
[13]
Sounds like a sensible proposal to me. --- Join in-game channel "HRIAN SALES" for a list of faction/officer items we are offering. |
Dracorimus
Caldari Deep Core Mining Inc.
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Posted - 2008.07.08 16:55:00 -
[14]
Gimme Isk, as I paid isk to buy them, you get your shares back, done - Die faster damnit! |
Avon
Caldari Black Nova Corp Band of Brothers
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Posted - 2008.07.08 22:05:00 -
[15]
Edited by: Avon on 08/07/2008 22:05:15
Originally by: Dracorimus Gimme Isk, as I paid isk to buy them, you get your shares back, done
The value of shares can go down as well as up. Hard cheese me old mucker.
Eve-Online: The Text Adventure |
asjdkajskdjak
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Posted - 2008.07.09 13:35:00 -
[16]
Originally by: Avon
The value of shares can go down as well as up. Hard cheese me old mucker.
Especially considering RKK has been doing so poorly in the taking over Eve project.
I vote to sack the CEO.
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Dihania
Gallente Mucho Dolor
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Posted - 2008.07.09 14:26:00 -
[17]
sorry. if you want your shares back you should pay/refund those who have them.
other way to do it: go "broke", close shop, make rkk2.
big no.
. EVE: "The Hand-holding Age". I need isk!Accepting donations. Renting sig space.Taking various jobs. |
Inanna Zuni
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Posted - 2008.07.09 17:53:00 -
[18]
Let's make a comparison to 'RL' stock markets; the company cannot forcefully recover the shares they have sold. *However* another company can acquire enough shares on the open market to force a hostile take-over which, once conditions are met, does force the remaining shareholders to give up the shares they own.
There may be some merit in seeking better market options here, but the OP suggestion is not, to my mind, an acceptable one currently.
Sidebar: Would EVE need to create a 'take-over panel', 'SEC' etc ... ;-P
IZ
My principles |
Dianabolic
Reikoku Band of Brothers
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Posted - 2008.07.09 19:27:00 -
[19]
Originally by: Inanna Zuni Let's make a comparison to 'RL' stock markets; the company cannot forcefully recover the shares they have sold. *However* another company can acquire enough shares on the open market to force a hostile take-over which, once conditions are met, does force the remaining shareholders to give up the shares they own.
There may be some merit in seeking better market options here, but the OP suggestion is not, to my mind, an acceptable one currently.
Sidebar: Would EVE need to create a 'take-over panel', 'SEC' etc ... ;-P
IZ
The presence of alts unfortunately marginalises the RL analogy, for in EvE all I would have to do is transfer my current shareholding (99.9% of the company) to my alt and claim a hostile takeover.
This idea, whilst I look forward (one day) to EvE having a fully functioning stock market, is not one to complement that - it is, as I said in the OP, as a mechanic to rectify mistakes made way back when by people not currently even in game anymore.
I certainly appreciate a response based on the facts, cheers. Reikoku Diplomatic Forums
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csebal
HUN Corp. HUN Reloaded
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Posted - 2008.07.10 12:10:00 -
[20]
I agree with the OP. Shares have no place in the game, unless a proper stockmarket is implemented.
Even then, there has to be a way to delist one's corp from the stockmarket. My post does not represent the general or official opinion of anyone else besides me. No matter what YOU believe. Phear the arrows of the HUNs >>----> |
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