Re: shares offer in new business

Quote from: MPOE-PR on July 28, 2013, 10:19:41 AM

Quote from: Zoznoz on July 28, 2013, 02:38:46 AM

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/Company
http://en.wikipedia.org/wiki/Sole_proprietorship
http://en.wikipedia.org/wiki/Partnership

For the record, you're about as shockingly retarded as the OP. Shut the fuck up and lurk until you acquire at least a shadow of a clue.

As if anyone could care what a narcissist who has no idea about corporations law has to say. I'm not sure where you receive this overwhelming yet evidently fabricated sense of superiority which is clearly a misconceived assumption on your behalf. If you believe I'm 'shockingly retarded' then that undeniably says much worse about yourself. Clearly the OP needs to be made aware WHY there is value in these very high ventures, which I have explained accurately. He obviously has no idea about the business entity which anyone with any sense in commerce would realise that is a fundamental topic to be aware of.