GHINSBERG TIMES - Brief pre-closure update!
Day 1,211, 00:29
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Published in Sweden 
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by
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by Yossi Ghinsberg
It’s early morning up here in the north and since we’re approaching the 25’th of March I though it might be wise with a update on the current status of Ghinsberg Group. Those of you who have been shareholders for a while know that I try to pay around the end of month, preferably the 25’th. Economy have recovered a lot of ground because of the currency appreciation, it that is here to stay or not is however to bee seen. Anyhow, the 10G limit should make the monetary market less volatile in the long run, though we should be prepared that markets will be a bit shaky following due to yesterdays update. I won’t have time discuss this in detail right now, so I will have to save that for the financial closure in about ten days.
But, just to give you some idea of the development. Since last post 20 days ago we have acquired two new Iron Companies (and two land) to support our Q5 Arms factory. Besides this Plato gave us 37 free licences (compared to previous 1
😎, this in total means that gives us a new Nominal Value of 2060 Gold compared to last month’s 1850, an increase of 11%. This gives our share a Nominal Share price of 0.196 Gold. The nominal share price is calculated as all holdings (factories, land, licenses and cash) but not produced goods or raw material. For all the details please refer the updated financial statement on our homepage.
Where the profits will end up and how much we will be able to pay out as dividends will be calculated with the closure on the 25’th.
Best Regards
Yossi Ghinsberg
Ghinsberg Group
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Comments
One problem with the new system is that you can't sell a Market License.
In the old system a company with a Market License where no doubt worth more compared to a company without a license since when someone bought the company they also bought the license.
Now they don't. All the market licenses seam to be stuck with the player who hold the companies.
Misho: Yes, that is a correct. However all licences owned by me add value to the Corporation so it would be resonable to include them as assets. Tough I admit it's a somewhat tricy question. The same thing applies to land, which can't be resold but still is necessary for the business.
Also for the sake of continuity it's resonable to keep licenses in the book, concidering the rate of changes in this game.
But it's something i will have to take into concideration for the future. On the contrary i don't add products or rawmaterials to the true value, which technicaly should be there, but is not mainly because it have been very unconvenient to calculate.
Finaly, this is just a brief report to show investors i'm alive and active, a more fully report will be delivered when the closure comes at the end of month.
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