The Four Lands - The Colony
- Thread starter J. Alexander
- Start date
J. Alexander
First Post
Nightbreeze
[sblock]They were wanting you to pledge 15 percent of your shares as colleteral for the loan..which means if you default they take posession of them but while you still own them and control them up until that point.
The Bank will insisit upon silver shares for their 20 percent stake. They may buy additional gold shares but they will not put up that much money without some voting control.[/sblock]
Neurotic
[sblock]the ship properly outfitted and crewed will cost you a total of 75k silver pennies. The magic items will run book price..and it will cost 20k silver pennies for the academy supplies etc.[/sblock]
Lou
[sblock]Give me a roll for a response to the clerics....all else is noted.[/sblock]
General
All other items have been noted and no problems with any of it.
Waiting for Mowgli and Draco to check in then i will move to the meeting...
[sblock]They were wanting you to pledge 15 percent of your shares as colleteral for the loan..which means if you default they take posession of them but while you still own them and control them up until that point.
The Bank will insisit upon silver shares for their 20 percent stake. They may buy additional gold shares but they will not put up that much money without some voting control.[/sblock]
Neurotic
[sblock]the ship properly outfitted and crewed will cost you a total of 75k silver pennies. The magic items will run book price..and it will cost 20k silver pennies for the academy supplies etc.[/sblock]
Lou
[sblock]Give me a roll for a response to the clerics....all else is noted.[/sblock]
General
All other items have been noted and no problems with any of it.
Waiting for Mowgli and Draco to check in then i will move to the meeting...
Nightbreeze
First Post
[sblock=JA]
I tell the bank that the silver shares are normally not open, however I am very grateful to them for letting me start this company. Thus I will accept the 250.000sp, which currently would give them 16% of the voting power and a position among the senior investors (aka the real ruling council of the Company). If in future other silver shares are sold, their voting power (as well as mine and everyone else's) will diminish (but not by that much), unless we put up additional money to match the new entry and mantain the balance. I realize that this may not be 100% what they wanted, but it is the way the company will work - of course, very few silver share investors will be allowed. If they want to wait 6 months to see how I fare as a manager of the company, I assure them that their right to buy silver shares will not vanish. Even if they don't want to enter the silver share council now, I will gladly welcome an observer from them, in order to be supervised and evaluated.
By the way, enjoy the flurry of posts that we are writing in your absense
[/sblock]
I tell the bank that the silver shares are normally not open, however I am very grateful to them for letting me start this company. Thus I will accept the 250.000sp, which currently would give them 16% of the voting power and a position among the senior investors (aka the real ruling council of the Company). If in future other silver shares are sold, their voting power (as well as mine and everyone else's) will diminish (but not by that much), unless we put up additional money to match the new entry and mantain the balance. I realize that this may not be 100% what they wanted, but it is the way the company will work - of course, very few silver share investors will be allowed. If they want to wait 6 months to see how I fare as a manager of the company, I assure them that their right to buy silver shares will not vanish. Even if they don't want to enter the silver share council now, I will gladly welcome an observer from them, in order to be supervised and evaluated.
By the way, enjoy the flurry of posts that we are writing in your absense
[/sblock]J. Alexander
First Post
Lou
[sblock]Candice Milligan is one of the citizens that has yet to be posted and wont be until you actually meet here[/sblock]
Nightbreeze
[sblock]They will raise their investment to 18 percent of all silver shares......you are given the impression that this is the offer you should accept.[/sblock]
[sblock]Candice Milligan is one of the citizens that has yet to be posted and wont be until you actually meet here[/sblock]
Nightbreeze
[sblock]They will raise their investment to 18 percent of all silver shares......you are given the impression that this is the offer you should accept.[/sblock]
Nightbreeze
First Post
[sblock=JA] Do you mean that they want a fixed amount of the voting power? Or they will invest more than 250.000sp? Sadly, the former cannot be done (most of all, it would be too much of a burden for me to to all the calculations whenever I have to release more silver shares and see how much voting power each has). I am not bargaining for more money from them: this is just the way that this share system works: the more you invest in silver shares (if you are allowed to, and that is rare), the more voting power you have, but it is not fixed: it's just your proportion of silver shares.
I am trying to come up with a solution for them to have a fixed amount if voting power without having to invest more, but that simply is against the system, and besides even I, the founder, have not that privilege: my voting power has already dropped from 100% to 74% with the entrance with just another two senior investors.[/sblock]
I am trying to come up with a solution for them to have a fixed amount if voting power without having to invest more, but that simply is against the system, and besides even I, the founder, have not that privilege: my voting power has already dropped from 100% to 74% with the entrance with just another two senior investors.[/sblock]
J. Alexander
First Post
nightbreeze
[sbblock]Thus you are experiencing the dileminia of all great captains of industry....so after much debate and haggling you settle for the Bank owning 16 percent of the silver share....and with the addition of additional investors the voting power will be more spread out...as they will not invest any money into shares that will not give them some say on the council[/sblock]
[sbblock]Thus you are experiencing the dileminia of all great captains of industry....so after much debate and haggling you settle for the Bank owning 16 percent of the silver share....and with the addition of additional investors the voting power will be more spread out...as they will not invest any money into shares that will not give them some say on the council[/sblock]
Nightbreeze
First Post
Fine by me. If my calculations are right, to get a little more that 16% of the silver shares they need to buy 260 of them. So I create 260 silver shares and deliver them to the Brightlaw bank, getting 260.000sp in return. Furthermore, I ask them to send me their representative, for the board of senior investors.
[sblock=accounting]
Golden shares: 48 (30 Hennet, 18 Alvar)
Silver shares: 1622 (1000 Ederin, 200 Hennet, 162 Alvar, 260 Brightlaw)
Total company capital so far: 1.670.000sp
Charter for the trading fleet: 200.000
Slaves: 320.000
War cargo: 75.000
4 medium sized mines material: 120.000
Wheat and fresh water: 200.000
4 herds of goats + shepard dogs: 150.000
Total amount of capital invested so far: 1.065.000sp
Total amount of capital still not invested: 605.000sp[/sblock]
As you can see, thanks to the last investments, the free capital of the Nascent Company has got up to big sums again (605ksp). I have to lower that number again, and I already have some ideas, but first I want to see what the other have to say, and what the Brightlaw representative has to say.
[sblock=accounting]
Golden shares: 48 (30 Hennet, 18 Alvar)
Silver shares: 1622 (1000 Ederin, 200 Hennet, 162 Alvar, 260 Brightlaw)
Total company capital so far: 1.670.000sp
Charter for the trading fleet: 200.000
Slaves: 320.000
War cargo: 75.000
4 medium sized mines material: 120.000
Wheat and fresh water: 200.000
4 herds of goats + shepard dogs: 150.000
Total amount of capital invested so far: 1.065.000sp
Total amount of capital still not invested: 605.000sp[/sblock]
As you can see, thanks to the last investments, the free capital of the Nascent Company has got up to big sums again (605ksp). I have to lower that number again, and I already have some ideas, but first I want to see what the other have to say, and what the Brightlaw representative has to say.
Last edited:
Leif
Adventurer
Alvar
[sblock=votes]Interesting! If you and I vote together, we have just a little more voice in the company that Brightlaw does. We can, thus, nullify their votes totally, if we so choose, and let Ederin run the company as he chooses.
But, then, JA will have something to say about this too, I have no doubt![/sblock]
[sblock=votes]Interesting! If you and I vote together, we have just a little more voice in the company that Brightlaw does. We can, thus, nullify their votes totally, if we so choose, and let Ederin run the company as he chooses.
But, then, JA will have something to say about this too, I have no doubt![/sblock]Nightbreeze
First Post
[sblock=ooc]
Well, it is a part of the game. I fully intend to keep the majority between us and trusted people, and the Brightlaws is not really trusted. We'll see how this goes on. Anyway, other investors will come in, and thus our stakes will become smaller. But at some point I am going to draw the line and say "no more silver shares, not even for trusted people". Otherwise, I would have to resort to dirty economic tricks.
If you are asking how is it that I am so much online, I have to finish a project, so I was stuck with an all-nighter in order to pull it of, and give it to the professor in a few hours
...thanks good for my collection of battle music to keep me alive (okay, and two cups of cofee...I rarely if ever drink it).[/sblock]
Well, it is a part of the game. I fully intend to keep the majority between us and trusted people, and the Brightlaws is not really trusted. We'll see how this goes on. Anyway, other investors will come in, and thus our stakes will become smaller. But at some point I am going to draw the line and say "no more silver shares, not even for trusted people". Otherwise, I would have to resort to dirty economic tricks
.If you are asking how is it that I am so much online, I have to finish a project, so I was stuck with an all-nighter in order to pull it of, and give it to the professor in a few hours
...thanks good for my collection of battle music to keep me alive (okay, and two cups of cofee...I rarely if ever drink it).[/sblock]Similar Threads
