Hello everyone,
This is the official blog for Shareholders United, the Empire Avenue Community! The aims for the community and its members are as follows:
1) Shareholders United members will not allow any member to have a drop in share price (i.e. an amber, or negative number under their share price). When that happens, all a member has to do is to post an 'SOS' in the discussion section, and one or more members will invest in him until his share price goes green again.
Obviously this helping hand will not go unrewarded, and the member with the decrease in share will have to take part in a "gratitude purchase": a nominal number of share (that is any number of shares, at least 10 for members with a share under 20e and at least 5 for members over 20e) to be invested in all of the members who provided help by investing.
This is helpful for both parties. The unfortunate member who had his share price go down will suddenly see an upward trend (green increase) and earn some cash to be able to spend on 'gratitude purchase' or other shares. The members who helped the member will also be advantaged because they know they will be investing in a secure member, as they are guaranteed a increase in share price if they help out.
2)EmpireAvenue values your social interactions, I think we can all agree on this point. One thing that has been noticed (and I am paraphrasing Mr. William Pitcher and his wonderful EA-tips website) is that many people have blogs, but they are only partially awarded for them because not a lot of people leave comments (i.e. their postings do not spark a discussion).
The idea is for each member who has a blog to go in turns posting thoughts on a current issue, news story, or particular aspect of the EA world, with the other members commenting on it and starting a discussion.
There will be a census of members with blogs, and a schedule of which member's turn it is to post for each single day will be kept on this page for everyone to see.
Obviously, anyone who wants to participate and create his own blog for this purpose is welcome to do so and will be added to the schedule.
All of this activity (posting new blogs and commenting/discussing) will be rewarded by an increase in share price by the EA market makers. Therefore, every member of the community will benefit from this.
3) There is a nominal fee of 10 shares to be bought in myself if you want to participate. You might see this as a salary for being an admin of this community, but I personally see it as an emergency measure of help for those members in need: I will not use the money from these investments for my own good, but I will rather keep a separate balance sheet of this money and I will only use it for helping members in need. Unfortunately I cannot transfer my own money to the community balances, but I will send a mail to the EA admins to see whether this is possible.
I hope you all agree with these points: if you do, please post an "agree" comment on here; obviously if you don't please let me know your thoughts.
I'd like to start the "Member SOS program" (point number 1) once the community reaches 30 members.
I'd like to start the "Social Commenting" (point number 2) program once we get at least 5 people with blogs to contribute to it.
The nominal fee program (point number 3) is active immediately, however note that if you already hold shares in me you are forfeited this fee.
Hope I didn't bore you too much! Thanks for your time,
Francesco
