hi
after alot of thought and consideration i am offering unquoted shares in new business the shares will consist of
40 shares at 0.5btc = 0.5% ownership and
29 shares at 1btc = 1% ownership
totalling 49% ownership
Are you incorporated? If not, how are we going to receive a share that is of
value to us? A share in a COMPANY is value to us because we own it
legally. A share in a LISTED ASSET on Bitfunder/Btct co etc. is value to us because there is a sophisticated secondary market to trade these 'shares' even though the issuer might be a sole trader.
However, if you are just a sole trader, who isn't going to list or incorporate whatsoever then these 'shares' are of no value. In fact it wouldn't even really be a contract so I'm not sure how someone could take legal recourse if necessary.
New to business? One of the most important things to read: Main types of business entity's
http://en.wikipedia.org/wiki/Companyhttp://en.wikipedia.org/wiki/Sole_proprietorshiphttp://en.wikipedia.org/wiki/Partnership