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Beviin Darasuum
Federal Navy Academy Gallente Federation
0
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Posted - 2013.04.18 17:00:00 -
[1] - Quote
plain and simple. how do shares work and what do they do. i've looked on evelopedia but i feel it is lacking. can a person have shares in a corporation they are not part of? how do i get shares in the first place? |

J'Poll
The Fiction Factory Tribal Band
2077
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Posted - 2013.04.18 17:07:00 -
[2] - Quote
Beviin Darasuum wrote:plain and simple. how do shares work and what do they do. i've looked on evelopedia but i feel it is lacking. can a person have shares in a corporation they are not part of? how do i get shares in the first place?
Shares allow you to vote in corp votes (for those that actually use that feature). Shares must be given to you.
Because shadeholders can also do hostile take overs if they are also in the corp...most of the time tye CEO/Owner holds all shares..
You can have shares while not in the corp but I dont know how that affects stuff. When a WoW player leaves to return to WoW, the avg. IQ of both games rises. Professional Forum Thread locker. |

c4binfever
Fabrica Euphoria
131
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Posted - 2013.04.18 17:26:00 -
[3] - Quote
shares can be given by the CEO or another coporation member with roles to give them. You can give shares to anyone even outwith your corporation. 1 share = 1 vote As J'Poll said you can vote to assign a new CEO of a corporation, as a result of this most CEOs will hold at least 51% of all shares.
A director can pay shareholders dividends and they will recieve a % of this depending on how many shares they own.
Unfortunately once someone owns a share there is no way to reclaim it back, unless they willingly trade it. One problem arising from this is that shares can be lost when a someone stops playing. <--dotbot |

mkint
997
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Posted - 2013.04.18 20:55:00 -
[4] - Quote
shares are a mess. They are best ignored.
There is no escrow service for trading them (like a market or contracts) so any and every trade in them can easily be a scam. If the corp is any good, they will not make them available to their members. If the corp is any good, they will not let your ownership of any shares affect anything, including not letting anyone have enough to affect a vote, or really even have votes that make much difference to begin with. Even when used for dividends, the risk of having shares in circulation far outweighs the benefits of the mechanic.
And worst of all, shares could get into the hands of your most hated enemies, allowing them either benefit from them like your corp members would, or making you abandon the shares mechanic ruining the members reward system you might have in place. I once closed a corp because our stealing bastard of a CEO left with some shares in his possession, and we weren't going to allow him to profit from them. Maxim 34: If you're leaving scorch-marks, you need a bigger gun. |

Lord Battlestar
CALIMA COLLABORATIVE Atrox Urbanis Respublique Abundatia
36
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Posted - 2013.04.18 21:18:00 -
[5] - Quote
Generally what people do is when they create a corp they transfer all shares to the character they want so that the corp remains secure. Otherwise with the limited votes used still they are useless. You don't even need them to declare war anymore. I once podded myself by blowing a huge fart. |

Alex Grison
Grison Interstellar
285
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Posted - 2013.04.19 15:54:00 -
[6] - Quote
Simply put. they do nothing and for all intents and purposes you should forget about them |
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