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 VE STOCK MARKET and other note
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| Author | Topic: VE STOCK MARKET and other note |
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Majere Citizen Posts: 165
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posted August 09, 2000 02:23 PM
  
Some people have been asking me about the stock market and BlueStar Corporation. I will start with the stock market then I will explain a little bit about VE Allied Corporations in general. The Corporations, clubs, etc etc that want to enter our stock market may do so by paying 1 million imperial credits. I will enter them into the stock market and allow 100,000 shares of their stock to be sold on the open market. Once those stocks are sold, that's it, no more stock can be purchased. However, once the stock goes up to about 100 imperial credits per share 2 things could happen. 1) The stock will split in half or 2) The person in charge of the company can opt to keep the stocks where they are at, thus letting the stock increase well past 100 imperial credits per share (a bonus to the owner will be paid out to the owner of the stock every 100IC's per share of stock). However, at any time can any company "purchase" more blocks of stock (100,000 shares per block) at 1 million credits per block. That will also allow more of their stocks to be sold on the open market. Again, this affects all NON-VE companies. The VE companies are a little different so I wont go into them since that is not the purpose of this message (although they do get the bonus when their stocks go up to 100IC's per share). Now about Civilian Corporations and how it affects our Engineering Corporation. When a project is given and authorized by me I have 2 choices. Put it up for bid on the open market or get someone internal to do it for me. Since the VE has it's own corporation (lead by Moff Threeof4) they ALWAYS get first dibs on the project. If they turn down the project because of various reasons I then place the project on the open market via silent bid. The company with the lowest bid gets the project. However, 2 things currently affect this right now. 1) the VEEC is currently closed by order of Moff Threeof4 until he re-designs the division. That forces me to put all projects on the open market. 2) BlueStar Corporation is the only civilian company allied with the Vast Empire so no silent bid is necessary at this time. All of this goes along with a more acurate star wars experience. Additionally...I decided to change the VE store a bit. Since I ordered the current VE store (managed by TJ) closed since we are all moving to our new home; I wanted to have him expand the store and make the new one better than ever. You can all expect a bigger store, more acurate pricing, and a more graphical store. Additionally, since the store is owned by the Vast Empire and it is being expanded (VE factories and shipyards actually make the things that can be bought), TJ's current cut is going to be reduced to a more acurate percent (haven't decided yet since I wanna see how he handles the new store development). The store is going to be bigger and better than ever. People will be able to use the things they purchase in official VE campaigns and competitions. If there are any questions let me know. IP: 208.192.60.20 |
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