[InvestorsPLC] Update 1
TheJny123
Hello, this is just a quick update on the investment company i started running earlier this week.
As we only started operating 4 days ago im seeing the results from this week quite a success. A profit of 475.51cc was made and thanks to shareholders reinvesting the share prices have risen to 20.22cc per share.
A few changes have also taken place in how the company will be run:
- The company itself will recieve 5% of profits so that it will always be able to increase in value when there is profit
- Voting shall be based on 1 vote per person for now as there are only a few of us and we all trust each other. when there are more people voting power will be determined by the number of shares each person holds
- 2000cc has been invested into the MM and the profit from that will be payed out when it comes rather than every week.
-all shares have been sold however new ones will be released when share prices hit a certain point
thats all from this update. if you would like to see the breakdown of figures then go here: tinyurl.com/InvestorsPLC
Thanks for reading
Comments
So what you're saying is you're not selling any more shares until you're able to charge more for them?
Shareholders run companies.
Devaluing shares is [Generally] bad for shareholders therefore shareholders wont allow it.
"The company itself will recieve 5% of profits " and next month it will be 10%, the month after 20% ...
We as shareholders voted on 5% to increase overall capital.