Author Topic: [Organisation] The Tyndale Trading Company  (Read 15849 times)

Donari Tyndale

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[Organisation] The Tyndale Trading Company
« on: January 11, 2009, 12:27:24 am »
The Tyndale Trading Company








What is the Tyndale Trading Company?

The Tyndale Trading Company is an investment and merchandise business. Everyone can invest his money into the business, for which he will receive interest. The current interest rate is two percent every half Yliakum year [RL month]. The interest rate will rise once the business is going, but it is kept low for the beginning so obligations do not bancrupt the business.
The Tyndale Trading Company is run by the board of shareholders, entities (guilds, individuals or else) that own shares of the company. Shares can be freely sold or given away, as long as the board of shareholders is informed about the transaction. Every action and investment done in the name of the Tyndale Trading Company has to be approved of by the board of shareholders. Simple majority wins.


How is the Tyndale Trading Company structured?

The Tyndale Trading Company is run by the executive director, whose actions are supervised by the board of shareholders. The company will further found various child companies and own the majority of shares to those child companies. The child companies specialise in various areas of business and are supervsed by the executive director.
Every office of the company in each region of Yliakum has a director that oversees the local business. The local directors are directly subordinate to the executive director. The executive director is required to present the board of shareholders an annual report on the profits of the company. The executive director is named by the board of shareholders and may be taken off duty again by the latter. All employees of the company are chosen by the executive director but can be taken off duty by the board of shareholders.


What business does the Tyndale Trading Company conduct and how can I profit?

The Tyndale Trading Company will primarily engage in three big branches of business. First of all, merchandising. The Tyndale Trading Company will open several resource exchanges in every city or township where everyone can sell their goods for a fair price. The goods are then catalogued and sold to people elsewhere. Merchants interested in conducting business can rent offices at every resource exchange and receive the best possible supply of cheap quality wares. Furthermore, there will be regular auctions conducted at the resource exchanges. Next, the Tyndale Trading Company will found several child companies, such as taverns, fighting pits, research facilities or large blacksmithing compounds, even private mining ventures. Besides this, the company will open a bank where people may safely store their goods for a small fee or invest their money for a steady interest rate. The bank will give out loans for a small interest rate. Last but not least, the Tyndale Trading Company will engage in property business and sell and rent houses to entities that may not be able to afford a house on their own or provide the child companies with property where to conduct business.

Every entity is able to invest money into the business and thus receive the benefits mentioned below. Any investor of the company has to sign an additional clause in his investing contract where he agrees to keep any contract made with another investor of the company. The parties can request to view the height of each other's investment, so the parties have securities when signing contracts. Furthermore, if one party breaks a contract, the investment is liable for possible damages. If damages are to be paid and to what amount is decided on by the board of shareholders. The invested money will generate interest.

Every entity is allowed to purchase shares of the company from any shareholder, providing they can afford the price asked for a share. Each shareholder is an owner of the company and has the same benefits and obligations as an investor. Furthermore, they are entitled to a share of the profit of the company in height of the percentage of total shares in their possession. A shareholder may receive free housing, offices and food at any office of the company. Shareholders have not only benefits, but also obligations. A shareholder must take part in the meetings or have a representative with full authority in his name present. The shareholders, if publicly known, are required to honour the laws of Yliakum and represent the company adequately at all times.

In order to ensure the validity of contracts between investors, they are asked to have them written down by the official notary of the Tyndale Trading Company to prevent fraud.


Job positions

The Tyndale Trading Company is currently looking for a skilled lawyer, several accounters and a librarian. If you are skilled in none of this areas, the company is still in need of your services. Every employee receives free food, housing, a fixed annual salary and a share of the total profit for outstanding efforts.


Current information on the Tyndale Trading Company

89% of all shares are currently owned by Tolian Tyndale. 1% by Vannaka Touchstone, 2% by Bilbous, 1% by Rhok Gehrig, 5% by Lokter Tarvitz, 1% by the Azure Circus, 1 % by Lanuhir Manugho, 1% by Yukioshonora Syndi.
The Tyndale Trading Company is looking for all kind of  investors or entities willing to enter a contractual obligation with the Tyndale Trading Company, delivery contracts for example.
The average value of a percent of the total shares is currently at 69310 tria.


Rank names
Lolwut?
« Last Edit: March 13, 2009, 08:12:59 pm by Donari Tyndale »

Lokter Tarvitz

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Re: [Organisation] The Tyndale Trading Company
« Reply #1 on: January 11, 2009, 12:17:27 pm »
I may be interested in Buying shares... but i also have a proposal to put forwards for you.

I will talk IG

Team Fortress 2 FTW!

Parallo

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Re: [Organisation] The Tyndale Trading Company
« Reply #2 on: January 13, 2009, 05:08:42 am »
There are no economic laws in Yliakum, right? We could start a pyramid scheme if we wanted.
I suggest the statue of Laanx gets turned into a statue of Parallo <3. An NPC could never replace the huge hole he left in my heart when he died  :'(

Prolix

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Re: [Organisation] The Tyndale Trading Company
« Reply #3 on: January 13, 2009, 06:38:58 am »
The octarchy owns the economy and can arbitrarily decide what is yours is theirs, that is the economic law.

verden

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Re: [Organisation] The Tyndale Trading Company
« Reply #4 on: January 13, 2009, 07:38:10 am »
Two words: Ponzi scheme.

Donari Tyndale

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Re: [Organisation] The Tyndale Trading Company
« Reply #5 on: January 13, 2009, 09:15:48 am »
:D. The Octarchy does indeed own the economy, but it does not own the workers. To a certain degree, the economy can be controlled by the normal people. It won't get to the point of being a Ponzi scheme, since eventually the TTC will need to stop accepting investments, as there is no more things to invest in, or the money is just too much to handle. Otherwise the company would ruin itself by having to pay too much interest. And two percent interest....that's something like one new investor to cover the interest rate of ten? If maximising the count of investors was the aim, the interest rate would be a bit higher, but I do expect this company to work out well, so I don't wish to become bancrupt by getting rid of all profit through paying interest rates.

Prolix

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Re: [Organisation] The Tyndale Trading Company
« Reply #6 on: January 13, 2009, 05:29:42 pm »
so your basic valuation of the company is five million tria, correct? and how many shares are you willing to sell? Can a conditional proxy be assigned to fulfil the board attendance requirement? Will the company be applying for Octarchal Society support? What kind of written contract will you provide as a surety for investers i.e. contract that can be submitted to the Octarchal Judiciary (GMs) in the case of non-compliance -- whether or not said body deigns to receive the tort.

Donari Tyndale

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Re: [Organisation] The Tyndale Trading Company
« Reply #7 on: January 13, 2009, 05:35:38 pm »
Tolian will sell a total amount of 93% of all shares, 7% will be kept for him. I don't want one person to buy all other shares, so I will sell many small amounts, since I want many people to participate in this, as it ought to spark many events and roleplay. Yes, the company will be applying for octarchial support. And yes, a conditional proxy can be assigned. Every investor gets a contract about his investment made where the interest and the safety of the investment are guaranteed. Every signing party gets a copy. The paperwork is already killing me :D

Prolix

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Re: [Organisation] The Tyndale Trading Company
« Reply #8 on: January 13, 2009, 05:45:35 pm »
Thank you for the quick reply, more questions:
Will this use the guild mechanics in the game, if so will employees be required to be members of the guild and what about shareholders?

How is it IPO going is it close to being fully subscribed? What will you do if someone acquires >50% of the shares? Will there be a limit to the number of shares available to one party's direct control?

Donari Tyndale

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Re: [Organisation] The Tyndale Trading Company
« Reply #9 on: January 13, 2009, 05:49:23 pm »
The joining of the guild is optional, but it makes things easier thanks to guildchat. Some members to this point are not in the OOC guild, some are. Shareholders are not required to be in the guild. There might be a limitation, but to this point Tolian needs the 50+% of shares to get the guild started. Besides, there is no real way to limit the shares. People can use fake identities to buy and thus get the majority. This guild will use the mechanics available, but it will also expand the limits of the mechanics through roleplay.

Prolix

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Re: [Organisation] The Tyndale Trading Company
« Reply #10 on: January 13, 2009, 06:12:00 pm »
Does the 7% represent the founders initial investment?

Donari Tyndale

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Re: [Organisation] The Tyndale Trading Company
« Reply #11 on: January 13, 2009, 06:21:05 pm »
Nope. But it a reasonable amount of shares to have a voice and enough given away so many people can take part.

Prolix

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Re: [Organisation] The Tyndale Trading Company
« Reply #12 on: January 13, 2009, 06:45:26 pm »
Given Tollan's previous endeavour in regards to the House of Purrty what claim to credibility does he have, or is that deemed to never have happened since it was so abruptly shut down? Was it just a nightmare Lolitra had?

Don't get me wrong, I have a couple hundred thousand tria I might be willing to invest, I am not just idly giving you grief.

Donari Tyndale

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Re: [Organisation] The Tyndale Trading Company
« Reply #13 on: January 13, 2009, 06:47:07 pm »
It never happened IC. No nightmare, nothing at all. I gave my word it would not get OOC, and it got OOC. To handle my character somewhat realistically and not wanting it to spark again, we declared all of it non existant.

zanzibar

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Re: [Organisation] The Tyndale Trading Company
« Reply #14 on: January 13, 2009, 10:49:54 pm »
[How should one warn others IC of Donari's history?]
Quote from: Raa
Immaturity is FTW.