Esim - How to run a non-profit Enterprise, 732 Edition
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danyeo


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How to run a non-profit Enterprise, 732 Edition (Old article)
Posted 11 years ago by
danyeo    
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danyeo: is there a GO here I can talk to about my SC?
`Alice: What about it?
danyeo: i just want to make sure
danyeo: it's legit
danyeo: to run an SC real poorly
danyeo: like im not gonna steal from it,
danyeo: i'm not going to only supply my MU members from it
danyeo: i'm simply going to run it so it's not profitable
danyeo: there's some dispute going on between me and the other shareholders regarding the matter

`Alice: Ummmm why would you run it so its not profitable?
danyeo: well for a number of reasons
danyeo: but also because this SC can benefit by generating tax revenue for Korea
danyeo: because from what I know there are no rules about running an SC well, simply not scamming or stealing
Valos: The only rules I've ever seen is no fraud and stealing
danyeo: http://secura.e-sim.org/stockCompany.html?id=31
danyeo: this is the SC
Valos: Nothing about divi's having to be issued, nothing about them being ran well
Valos: I would like an general ruling on how SCs "have" to be run when the warnings about investment risk are at ever step of the stock purchases
Valos: Because I know alot of poorly ran SCs that need to be fined and warned to understand math, tax laws and other such things better
`Alice: Well so long as you do not sell anything to yourself for below market value.
danyeo: yup
danyeo: sounds good
danyeo: so
danyeo: eselling companies
danyeo: at same cost
danyeo: as world low value
danyeo: goods at world low value
danyeo: etc
danyeo: is acceptable, right?
Valos: As long as the companies value doesnt go down, its not fraud, correct?
`Alice: So long as its MARKET value it'll be fine
danyeo: sounds good
`Alice: Valos: Company value as nothing to do with fraud
danyeo: thanks
`Alice: Wynt: Do you have an issue?
Wynt: nope
Valos: Could you possibly put that into a shout form on the stockcompanies wall ^
Valos: As to avoid more reports from slovs that dont agree with market value?
Valos: Wynt is a shareholder, just interested in the outcome
`Alice: Valos: Naah
`Alice: Let them complain

Valos: I just want to make sure we have something in game that can be pointed out, irc isnt apart of e-sim
`Alice: Too tired
`Alice: As soon as I am done here I am heading to bed
danyeo: haha ok thanks
Valos:
danyeo: Alice, do you mind if i publish this
danyeo: ?
danyeo: if not, i'll just summarize what you told me and let the other shareholders know
`Alice: Publish the logs?
danyeo: yah
`Alice: Sure I guess
danyeo: ok thnx
danyeo: o7


~~~~~













For shareholders of 732, the tl;dr is as follows:

1) Goods produced
2) Goods sold to Korea at market value
3) Goods taxed by Korea at 15% (after tax, no profit)
4) SC is run as non-profit enterprise while contributing to Korea




- danyeo
Chairman of 732 Benevolent Society

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