Post
Topic
Board Securities
Re: [Official Thread] - The SolarWind Mining Company
by
ranlo
on 19/05/2014, 05:19:50 UTC
Have you considered just consolidating the entire business in to Havelock? In that method, you can give those of us shares equal to what we "own" right now, and then raise additional capital and only have to worry about the payment sending through one medium. It would also go to help provide a more transparent listing as to what we own. In my case, for example, I know what you've said I own but there's no public documentation of that.

I have considered something like what you suggest, the problem is the IRS's recent rules make the former business structure difficult and costly to manage. I will be shifting to a managed hosting format to avoid the immense amount of paperwork and personal information those rules will require, this will require a change in share terms. Fortunately (sort of), the current number of investors is small so fulfilling the promise to them will not cost SWMC a huge fortune. I am waiting on $13,000+ which will be more than enough to double ALL current investments, but the company that owes SWMC the money is has not made a payment in months. Even though they are having some trouble of their own, I still believe they will pay up. I am likely to offer some nice incentives using this money for a buyout or conversion of current shares.

I will let you know more when the account is finally settled.

Regards,
James


That sounds good! I look forward to hearing more as the time comes, Smiley.

Also, just as a heads-up, I am up for more work with SWMC as things come up (hopefully you still remember who I am, :p).