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| Leaf Shares | |
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| Tweet Topic Started: 10 Nov 2008, 22:02 (43 Views) | |
| Liberty987 | 10 Nov 2008, 22:02 Post #1 |
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AWP Veteran
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The Leaf shareholders and there vote: Liberty987: 500 shares (5) Numero Capitan: 250 shares (3) AP3 10: 150 shares (2) WP$25. Note that as Karputsk hasn't brought shares then I have brought back 200. |
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| AP3 10 | 15 Nov 2008, 15:31 Post #2 |
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AWP Veteran
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I have just received a 2nd payment of WP$10 from the Leaf telegraph account , I assume this is dividend? Its nice to begin receiving a return already, but please announce a dividend here. We need to know we are each getting the right amount. Why do you plan to increase the price of shares to WP$ 26?, could the company afford to buyback all shares at this price,if not does the company have a contract with you, that you will cover this price. I am very aware of the example of the fantasy football league, in which I has a very small investment; my investment here by comparison is 300 times greater. Around a third of my wealth is invested under your care. I worry that it would be impossible for the company to have generated the cash to merit a increase in quoted value of the company by WP$1000. When I originally bought my shares, 1000 were issued. A further share issue to meet Karputsh's holding will mean a 10% increase in the number of shares on the market and reduce the percentage of the company each current share holder owns. That all very well, but the quoted company value will increase because of this to $27500 (1100*25); I'm not convinced that such a paper increase in value can be supported by the long-term income of the company, you have yet to indicate how the 25,000 you have received has/will be spent to generate revenue, I am not convinced it is wise to increase this by 2500. This is not a personal thing against Karputsh, in fact I would be happy to sell him a tenth of my holdings at the market price and would support my fellow shareholders sale of 10% of their holdings to Karputsh ( to give Karputsh the 100 shares desired. I do not however support a new share issue ( a new 100) since I believe it will depress the price in the long run and not offer any benefit to the company. The suggestion of $28, after Karputsh buys does not sound to be in our interests either. Not only does it seem to guarantee a $300 profit for Karputsh, I again cannot see where the extra 2/3 $ per share earning/potential of the company has come from. I therefore vote against this new share issue. 15% against. And ask for a clear financial statement outlying how our investment improves leaf and how leaf plans to carry its current liabilities to shareholders (currently $25000, you propose to increase to $30800). I do not want to wake up one day to hear there is not one to rescind my shares. |
AP3 10 ![]() WA Member AWP Citizen, Service in the Legislature, Military, Economic and Diplomatic Services. Sergeant (SGT) of AWP RDF: Ex-Citizen of The Anumist Alliance, Hethrum and Nova Imperium | |
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| Liberty987 | 15 Nov 2008, 19:18 Post #3 |
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AWP Veteran
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All was planned... basially Karputsk was going to buy shares. I myself was going sell 100 of my shares, no shares isseud (i.e the company won't be generating shares) and so that is not an issue. If Karputsk does not buy shares I am going to put my last 10 over half int the company and have 900 shares out, meaning slight increase. |
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| Numero Capitan | 15 Nov 2008, 19:25 Post #4 |
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AWP Stalwart
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As liberty said, the shares are not an increase in quantity, more him selling on his own shares to Karputsk. |
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The Many Faced God, RDF Commander -- -- ---Awarded AWP Cross--254 RDF missions- | |
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| AP3 10 | 16 Nov 2008, 21:24 Post #5 |
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AWP Veteran
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O.k, so lets talk about the stock price... |
AP3 10 ![]() WA Member AWP Citizen, Service in the Legislature, Military, Economic and Diplomatic Services. Sergeant (SGT) of AWP RDF: Ex-Citizen of The Anumist Alliance, Hethrum and Nova Imperium | |
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6:44 AM Jul 13