View Full Version : Share the Wealth!
SimonMc 04-24-2002, 09:08 AM Hostmob.com has a unique way of doing business. We want to make a profit by providing a first class service at a reasonable price and then we want to share our success with you.
I have split the company into 100,000 shares. I own 50,000 shares and always will (unless I decide to split them later) and currently there are another 50,000 up for grabs. Each share is nominally worth US$1.
I have four plans available.
SILVER
GOLD
PLATINUM
E-COMMERCE
Each plan purchased at the yearly payment cycle will attract a set number of shares as follows.......until they are all gone.
SILVER =20
GOLD =30
PLATINUM =40
E-COMMERCE =50
Everybody who takes part in the program stands to win. Once you have been with us for one whole year you will receive a certificate for your shares. You must stay a least one-year. If you upgrade your plan part way through the year you will qualify PRO-RATA for the higher number of shares...i.e. the difference between the 2 divided by the amount of time and added to your original allocation. (Just so that the allocation remains fair).
After operating expenses have been deducted and share allocation taken into consideration, I plan to plough back all the profits into the business for a minimum of 5 years.
Depending on the success of the venture I will then plan to take the business to the market after 5 years.
So...what’s in it for you?
Well apart from great hosting...you get to own part of the business.
Let’s say that we all make a real success of this venture.
Today your 20 shares will equal $20.
Just for fun...lets say that in 5 years time we are a big beast and we sell the business on the market for $100million dollars.
Your one $20 certificate will be worth $20,000
Not bad aye.... Well it's only a dream at the moment but the reality is really not that far away. (My 50,000 will be worth $50 million by the way at these figures......but if you consider that a great deal of the remaining 50,000 shares would have probably already been split down to make the company this size...I would only have a few million to play with...how sad).
Ask me any questions you want to. I will be open and honest with you.
Come on over to the site...take a look at what I have already. Try out the support system. See what you are investing in.
I am really looking forward to sharing my business with you.
Simon McArdle
Hostmob.com
Check out your investment here! (http://hostmob.com) :smokin:
bteeter 04-24-2002, 09:42 AM This is not a knock against your offer by any means. I think its a pretty cool idea. :-)
But, having said that, have you looked into SEC law regarding the offering of shares to the public? If not you should. There are a lot of laws in this area. You don't want any legal problems...
Take care,
Brian
SimonMc 04-24-2002, 11:07 AM Originally posted by bteeter
This is not a knock against your offer by any means. I think its a pretty cool idea. :-)
But, having said that, have you looked into SEC law regarding the offering of shares to the public? If not you should. There are a lot of laws in this area. You don't want any legal problems...
Take care,
Brian
Thanks for the advice. It's in hand and as far as I can see it is not a problem. My legal advice says that I am doing nothing wrong as I am giving the shares away after a qualifying period.
Simon
Incognito 04-24-2002, 01:32 PM You yourself use the word, "investment".
You require an investment....you grant stock or partnership rights-you don't specify the nature of the legal entity. So, I believe you would be in violation of security laws in many states....
Furthermore, you may also cross the line in some cases on business opportunities depending on the size of the investment or purchase. Specifically, your representations as to possible future earnings do not reflect proper disclaimers.
What is the legal entity making this offer?
SimonMc 04-24-2002, 04:35 PM OK. We have had the legal side now. Let me clarify for all the Barrack room lawyers.
I give you shares.
The shares belong to me.
They are mine to give as I please and see fit.
I used the word investment in error. You are right to pick me up on that.
I hope that clears it up.
Simon
webdesign 04-24-2002, 11:26 PM I have done several Series 504 Regulation D Private Placement securities offering for clients. I am not a armchair lawyer.
What you are proposing to do is illegal and will get you into a lot of trouble. The SEC will simply walk into your business and instantly close your doors forever. Your corporate private shares never have to be registered. But you cannot offer them to the general public with any stated value or price or you ARE in violation of the securities laws. You must be registered regardless of your intent.
I suggest you remove this post before a bitter customer (if you have any) or a competitor blows you in to the SEC. You cannot just elect to give away shares at any price. This is why the USA has securities laws.
I agree it's a great idea, but it would cost you over $25,000 to set this up legally. Don't get caught or you're going to prision for a long, long time!
SimonMc 04-25-2002, 01:27 AM Im in Belgium. It's perfectly legal.
Thanks for the concern.
Simon
SimonMc 04-25-2002, 01:35 AM Originally posted by webdesign
I agree it's a great idea, but it would cost you over $25,000 to set this up legally. Don't get caught or you're going to prision for a long, long time!
And....your point exactly is what?
Just because you are from America, does not give you the right to access to my bank account. You should concentrate more on your own business than trying to harm somebody elses. I think that is ilegal in America by the way.
Simon
webdesign 04-25-2002, 01:46 AM First of all no one ever said anything about you bank accounts. I don't know where the hell you got that from.
Second, since you THINK you know everything, if you are in Belgium and Offerning stocks in America you must still be registered with the SEC through international trade agreements set forth by the United Nations. You can still be charged with SEC Fraud here in the States and brought up on charges. Thus barring you from doing business in the United States with anyone and barring you from entry to our country forever.
I was only trying to help you - there is no reason for you to be a flaming jerk about it!
Good luck & Really Nice Attitude!
SimonMc 04-25-2002, 02:15 AM Originally posted by webdesign
I was only trying to help you - there is no reason for you to be a flaming jerk about it!
1st. You don't like the offer....go somewhere else (not that you were a potential customer anyway).
2nd. Just because my offer states US dollars does not mean I am doing business in the states.
3rd. I am offering the deal to anyone anywhere except Americans unless they are living outside America.
4th. You are probably just bitter because nobody has signed up for your $99 a month hosting plan (Hello).
5th. If I needed your help I would have asked for it.
6....well
Simon
webdesign 04-25-2002, 03:05 AM So I see what kind of shoddy businessman you are by the way you respond to people who are trying to give you valid and good advice.
I also see that you have (several times in this thread) changed your offering repeatedly - which ALL OF A SUDDEN - now eliminates Americans when there was no mention of that before!
Don't make me laugh! You're making yourself look like an ass!
And by the way - those $99.00 plans sell like crazy! Too bad you obviously don't know how to market a successful product line without breaking laws!
Listen I never attacked you or your company - there is no reason for you to do it to me. I was sincerely trying to be helpful from one businessman to another.
You are just wrong here man! And I am sure everyone will agree with me. I'm sorry you think you know it all. It's guy's like you that give legitimate business people bad reputations.
I hope and pray that you don't handle your clients this way or else they'll be flocking to me for those $99.00 plans! At least I give curteous service and listen to poeple's thoughts and suggestions without attacking them!
This is my last post even bothering with you. I think I've proven my point. Enough said. Have a nice life and good luck with your illegal stock transactions!
SimonMc 04-25-2002, 03:46 AM Originally posted by webdesign
Listen I never attacked you or your company - there is no reason for you to do it to me. I was sincerely trying to be helpful from one businessman to another.
Uhm...you called me a Jerk. Where I come from thats a personal insult.
Also...you need to look at the trade descriptions act in your country of origin. With a website like yours you can't seriously be claiming to be a webdesigner.
You are smelling of roses here! NOT. I really don't see what good you are doing yourself here. You are coming over to me as a bitter little man with out any customers. The customers you have if any will hopefully read your nonsense in the previous posts and leave you like they know they should have done ages ago.
My offer really does stand for everybody....I was just teasing you...you know like an adult does to a child just for fun.
I will await the men from the IRS, SEC, inBlack, to come and kick my door down and take me away.
Like I said before...ask any questions you like, I will be open and honest with you.
Simon
webdesign 04-25-2002, 04:31 AM The only one acting like a child here is you. And read your own post. You accused me of some kind of banking thing that was never even mentioned in any of my posts as something illegal that I DID? I still don't know what the hell you were talking about and frankly at this point I don't care. Maybe you should learn english a little better before you make smart remarks.
That's why you got called a jerk.
See in our country a jerk is someone who is someone who doesn't listen and acts like an ass before he has all the facts - i.e. the way you have acted for example.
As far as being a site designer I don't have to prove my credentials to some bottom feeder like you. Nor do I need any kind of licensing for it. I let my client referrals do the talking for me and I make A LOT of money for it. I also have a team of 15 professional graphics, asp and php programmers, C+ programmers, etc. etc. that work with me.
The site you are seeing now was put up in under 30 minutes. Can you do that - NOPE. (A new one is in beta testing by the way everyone so if you wanna see my personal work stop by in about 3 or 4 days).
I can complete any advanced e-commerce site design in under 7 days. Can you - NOPE.
I have new hosting plans coming out with pricing that will blow yours away will you be able to compete - NOPE.
See the thing you don't realize is that you'll be out of business soon. I can tell by your attitude. Your customers probably don't like you all that much now and if THEY read this they will realize that I am the one who is right here - NOT YOU.
I was trying to be helpful. I was not trying to steer people away from doing business with you as I believe you assumed. You came back with stupid remarks that are not even well thought out, nor are they concise. You change your story 3 times and then you expect everyone to take you seriously......well I guess you blew that opportunity for yourself.
I'll see you at your going out of business sale. Nuff said. I have better things I can be doing with my time than wasting it on an amateur like you. Good luck ....you're gonna need it.
SimonMc 04-25-2002, 04:44 AM [i]Nuff said. I have better things I can be doing with my time than wasting it on an amateur like you. Good luck ....you're gonna need it. [/B]
I think you should learn English yourself. NUFFFFF said!
It always makes me giggle when you insult a webdesigners website to see them come back and say....ohh..it only took me half an hour. CLASSIC!
To be honest...it looks like it took you a lot less than that.
Also...it will not be too hard to offer hosting at cheaper than $99 a month. All your existing customers must feel ripped off. I know I would.
Like I said before...Im not too sure what you are trying to achieve here...but It beats working for a living.
Simon
henrychoo 04-26-2002, 12:48 AM SimonMc & webdesign,
May I know how old are you both of you?
ADEhost 04-26-2002, 05:08 AM Originally posted by webdesign
I have done several Series 504 Regulation D Private Placement securities offering for clients. I am not a armchair lawyer.
What you are proposing to do is illegal and will get you into a lot of trouble.
Reg-d offers ( like I don't get enough of those call's ) but you are right. he can not publicly post an offer like that without first making a filing. And he might have some trouble with EC because thier new securities regulation are real tight. They don't want any problems. but the matter in hand is more to the point of whom he is offering it to. Shares in any company must have the due diligence ( have not used that word in 3 years if not more ) done by an outside auditor to confirm that the company numbers are right before they are offered to the public, that goes for just about everywhere ( don't tell me that in Belgium you don't have it, the region ( Benelux ) is the oldest money center area for at least 800 years if not more.
But you have a great idea, it is called here in the USA a "best efforts" offering. or in low volume of stock a direct IPO ( sometimes called a score offering ). they work but you have to file papers otherwise nobody can track the value of there certificates or their voting rights.
Mike
rinnando 04-30-2002, 02:24 PM Reading this , I have to reply to Simon. Is you business a Belgium or American
Business? Are you a one man or corporation?
Please I am a Belgium and I know Belgium law, so please don't give the impression
that you can do business like that in Belgium. I think our laws are even stricter then
the US. ( I have dual nationality and know both countries laws and regulations. No I
am not a lawyer but a well informed person, and I see something funny here )
And if you are a Belgium business where is your contact address and your
registration number? You do have to have it on all documents dealing with
clients, (even on the web ), you know.
Where are your terms? Your privacy policy? In which courts will disputes be
settled.
I just had to react to this, as it gives the wrong impression of how business is done in
Belgium.
rinnando
ADEhost 04-30-2002, 03:33 PM Originally posted by rinnando
Reading this , I have to reply to Simon. Is you business a Belgium or American
Business? Are you a one man or corporation?
Please I am a Belgium and I know Belgium law, so please don't give the impression
that you can do business like that in Belgium. I think our laws are even stricter then
the US.
rinnando
I have no doubts that belgium law when it comes to security regulations is got to be on the top 10 list of strictest. Just based on the nations history of how business should be conducted almost gives you a hint.
mike
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