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How should decisions on ships and installations without player-made contracts be handled when shareholders are in disagreement?

Unanimous decisions
Majority decisions
Plurality decisions
Highest !influence/join time

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Author Topic: Risky Ventures - Turn 1: Load Up and Sail Out  (Read 7277 times)

evictedSaint

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #15 on: September 21, 2020, 01:29:34 am »

Heads up, I expect to post turn 0 tomorrow evening.

a1s

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #16 on: September 21, 2020, 03:24:00 am »

Company:  Aywanez 1st into Space
Stock Symbol:  A1S
Credits: ^500
Influence: !0
Assets: Small Warehouse#1 (10 Space) (1/1 shares owned)
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Ray_Anor

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #17 on: September 21, 2020, 06:00:53 am »

Company: Lightbringers Research ltd.
Stock Symbol:  LBR
Credits: ^500
Influence: !0
Assets: Small Warehouse#1 (10 Space) (1/1 shares owned)
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a1s

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #18 on: September 21, 2020, 06:29:53 am »

So, what happens when several companies buy shares in a ship at auction without having a contract between themselves? Does everyone get a vote proportional to their shares as to where the ship goes/ what cargo it loads, majority deciding? Or does everyone have to agree?
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evictedSaint

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #19 on: September 22, 2020, 12:46:06 am »

Turn 0
You should join the Risky Ventures Discord!

With superluminal travel now freshly available to the people of Home (or at least, those who can afford it), the reaches of space are now at our fingertips!  The ability to go beyond the stars, to explore the vast and wild unknown - the possibilities are virtually endless.

Of course, such wanton exploration is rarely profitable, and will most certainly be left to those whose eyes are less keenly trained on profit margins.  For now, the only viable prospect is the Mun above.   A few decades ago a rather half-hearted attempt to set up a Mun Base was launched by a few bright-eyed idealists.  Since all the goods between the Mun and Home had to be ferried with horribly inefficient chemical-fuel rockets, it was a decidedly unprofitable venture.  Prior to the Scavenger Incident, there had been talk about the Mun Base being scrapped and shut down - but now we have faster-than-light travel, and the Mun is an ideal location from which to launch further ventures into the Great Unknown.  The only problem is, the base is rather poorly-equipped and in desperate need of resources. 

Enter now a fleet of corporations, each and every one eager to fill that need.

New Company Playing!
Spoiler: New Companies (click to show/hide)

New Market Unlocked!
Spoiler: New Markets (click to show/hide)

As the possibility of extra-terrestrial markets opens up, everyone with an economics degree is rushing forward to propose what goods might be best suited for space travel.  A number of new goods have appeared of varying price and size.

New Goods Unlocked!
Spoiler: New Goods (click to show/hide)

There's currently a three ships leaving the dockyards, and with companies chomping at the bit to buy them up the shipwrights are all-too-eager to auction them off. 

New Auctions Available!
Spoiler: New Auctions (click to show/hide)

Keep in mind that each ship will require a Captain, whose contract can be purchased freely at any time for ^50.  Purchasing a Captain is as easy as declaring "I purchase the contract for a Captain [captains name] for ^50".  Be aware that only 1 Captain can be aboard a ship and gaining experience at any time, and that Captains are only beholden to ONE Company at any time and can not be divided into shares like a ship.

So, what happens when several companies buy shares in a ship at auction without having a contract between themselves? Does everyone get a vote proportional to their shares as to where the ship goes/ what cargo it loads, majority deciding? Or does everyone have to agree?
Good question! Unless otherwise agreed upon through contract, any decision regarding a vessel must be 100% unanimous by the shareholders.  And yes, this is ripe for abuse.  Additionally, unless otherwise stated through contract, Upkeep is divided among all shareholders proportional to their owned shares, with remainder amounts being charged evenly among those who have the least amount of !influence (in the event of even influence, whoever joined latest).  If a shareholder chooses not to or is unable to pay their portion of the Upkeep, they forfeit their shares to the remaining shareholders at the end of the turn - split evenly as usual.  Note that in order to avoid forfeiting shares, the decision to delay Upkeep must be unanimous among all shareholders. 

This last-second rule addendum is to prevent 1 person from shutting down a ship and scrapping the cargo with 1 share.  If anyone has a better alternative to this rule, they may petition the FEC for increased regulations using their !influence.  The FEC is always eager to increase regulations and is open to suggestions.

Final Note:  Don't spend everything bidding this turn.  You'll need to pay for three turns of Upkeep, buy a Captain, buy a supply of Goods to export, and load your ship with Credits to cover any additional expenses while purchasing Goods to Import.  Ships will pop up on auction from time to time, so if you miss out now you're not knocked out of the game just yet!

Spoiler: Markets (click to show/hide)
« Last Edit: September 22, 2020, 12:49:34 am by evictedSaint »
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Maximum Spin

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #20 on: September 22, 2020, 01:05:22 am »

SYS bids ^15 per share for 20 shares of MerchantVessel#1.
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Kashyyk

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #21 on: September 22, 2020, 01:38:42 am »

Are you looking for a reliable partner to manage a ship with? One who will support your decisions completely? Someone who is happy to foot a Lump sum then do what you tell them?

SolarMax is the friend for you! We have avaliable up to ^300 available for partnership contracts, such as the one below. By making a contract with us, we will match you credit for credit (to a global total of ^300 credits across all partnership contracts) to aide in the purchase of a ship. From that point on, in exchange for you paying our share of the ship upkeep, we will support you in any and every decision you make (caveats to maintain a good faith agreement apply).

Quote from: Example SolarMax-___ Partnership Contract for ___
I ___ hereby agree to bid for equal shares of ___ (subsequently renamed [newname]) with SolarMax Shipping & Industry Inc. (SMSI). For legal purposes, these shares will be independent and separate, thus we will both receive equal income from our sharesthe vessel, however all running expenses for our joint shares of the vessel (including but not limited to standard upkeep and repairs) are the responsibility  of ___ and all voting power for our joint shares is also the responsibility of ___. These voting powers may only be used in good faith, and will be rescinded on a case by case basis if they harm the future of SMSI.

Signed,

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Rockeater

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #22 on: September 22, 2020, 02:34:54 am »

 I don't think the tactic to prevent a single share holder will work, as in that case they will have probably the least to pay, making preventing a ship from moving with a few shares an easy way to gain the other shares in the ship.
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evictedSaint

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #23 on: September 22, 2020, 02:37:45 am »

I don't think the tactic to prevent a single share holder will work, as in that case they will have probably the least to pay, making preventing a ship from moving with a few shares an easy way to gain the other shares in the ship.

I am open to suggestions.

Maximum Spin

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #24 on: September 22, 2020, 03:06:37 am »

At Systems Holdings®, Ltd., we believe that money is the future.

As such, for a limited time, we are pleased to offer a highly competitive new investment opportunity: tax-advantaged* non-voting shares of Systems Holdings®, Ltd. ventures.

Each Systems Holdings® EZ-Venture™ Share Contract entitles the holder to annual distributions of one (1) per centum of Systems Holdings®, Ltd. neat profit as defined in Systems Holdings®, Ltd. tax records.

Quote from: Systems Holdings® EZ-Venture™ Share Contract №001
I. Definitions
The first party and signatory of this contract shall be Systems Holdings®, Ltd. or formally specified corporate successor of same, hereinafter referred to as Offeror. The term Holder hereinafter refers to the second party and signatory of this contract, whomsoever it may be.
The term Initial Purchase of this contract shall refer to the immediate moment upon which this contract is signed by all signatories and, therefore, comes into effect.
The term Purchase Price refers to the price, determined by Offeror, in exchange for which consideration under this contract is offered. The Purchase Price of this contract shall be set at twenty credits (^20) until such time as Offeror may choose to reoffer the contract at another price.
The term Distribution Period refers to a length of time determined by Offeror and fixed upon the Initial Purchase. The Distribution Period of this contract shall be set at one (1) year until such time as Offeror may choose to reoffer the contract with another length of time.
The term Distribution Percentage refers to a ratio determined by Offeror and fixed upon the Initial Purchase. The Distribution Percentage of this contract shall be set at one per centum (1%) until such time as Offeror may choose to reoffer the contract with another ratio.
The term neat profits of a particular corporation during a given period shall describe the sum of all increases, if any, of the total of liquid credits (^) directly held in that corporation's official Market accounts during that period, not including any receipts which have been transferred as the Purchase Price of this or any similar contract, less the sum of all decreases, if any, of the total of liquid credits directly held in that corporation's official Market accounts during the same period.
The term transfer of a party's possession of and rights under this contract to another party shall refer to any event by which the terms of this contract applying to the first aforesaid party are extinguished and replaced with otherwise identical terms applying to the second aforesaid party.
The term Instrument of Transfer shall refer to any valid contract between Holder and any other party which has the effect of transferring Holder's possession of and rights under this contract to another party.
II. Terms of Initial Purchase
Upon Initial Purchase, Holder shall immediately disburse the total Purchase Price, in credits (^), to the official Market accounts of Offeror. The terms of Section III will immediately adhere to Holder upon receipt of the Purchase Price by Offeror.
III. Terms of Distribution
After the passage of a length of time equal to the contract's Distribution Period from the Initial Purchase, Offeror shall disburse funds, in credits (^), equal to the Distribution Percentage of this contract multiplied by Offeror's neat profits during the preceding Distribution Period to the official Market accounts of Holder. Subsequently, after the passage of another length of time equal to the contract's Distribution Period and recurring at the same period thereafter until the extinction of the contract, Offeror shall disburse funds, in credits (^), equal to the Distribution Percentage of this contract multiplied by Offeror's neat profits during the immediately preceding Distribution Period to the official Market accounts of Holder.
IV. Renegotiation of Terms
The Distribution Period and/or Distribution Percentage of this contract may be renegotiated at any time by means of one or more separate contracts between Offeror and Holder which have the effect of revising the terms of this contract. All changes are provisional and do not affect past distributions under this contract. If the Distribution Period is renegotiated to a period of time less than the period having passed since the previous distribution under Section III at the time of renegotiation, no additional distributions occur and the next Distribution Period will be counted from the time of renegotiation. If the Distribution Period is renegotiated to a period of time longer or equalling the period having passed since the previous distribution under Section III at the time of renegotiation, that period shall be included in the counting of the ongoing Distribution Period, which shall be extended to the negotiated length.
V. Transfer
Holder may at any time transfer possession of and rights under this contract by means of a valid Instrument of Transfer, without requiring notice or permission from Offeror. Any partial Distribution Period in progress at the time of transfer will be regarded as transferring to the new Holder, so that the next distribution (to the new Holder) under Section III will occur at the same time that it was expected to occur before transfer.
VI. Signature
The belowsigned agree to bring this contract into immediate effect.
>(SYS) Systems Holdings®, Ltd.
>Your Name Here!

Purchase your Systems Holdings® EZ-Venture™ Share Contract today, while supplies last!

*depending on local tax regulations
« Last Edit: September 25, 2020, 04:47:50 am by Maximum Spin »
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Rockeater

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #25 on: September 22, 2020, 03:18:26 am »

NOPE Bids for 50 shares of MerchantVessel#3 for 6^ each

Spoiler: Assets (click to show/hide)
« Last Edit: September 25, 2020, 01:21:22 pm by Rockeater »
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a1s

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #26 on: September 22, 2020, 04:31:06 am »

A1S would like to offer joint-stock partnership contract to all interested parties with the intention of completely buying out a LiftMax and operating a route to the Mun.

Quote from:  The Mun Consortium
Buy in: There are 11 shares, each valued at ^200.
* money pledged towards buying shares will not be deducted until such time as buyers are found for all 11 shares, however on the turn all buyers are found the pledge shall be considered legally binding debt to the consortium.
Voting rights: 1 voting right per share.
Company Leadership: In order to maintain agility of decisions a CEO shall be elected to direct the company at the first meeting of shareholders. They will be allowed to make all decisions as to  buying and selling cargo, installations and ships, routing said ships, as well as hiring of captains.
* a CEO is elected by simple majority vote of all shareholders, and may be recalled by same, in which case a new CEO must be elected.
* a CEO is explicitly forbidden from engaging in shenanigans, such as gifting money or ships to third parties (or shareholders.)
Dividends: Dividends may be distributed once per turn, as determined by simple majority vote of all shareholders.

List of current pledges:
A1S: 2 shares (at ^400)
shares left unpledged: 9

Spoiler: Assets (click to show/hide)
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Rockeater

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #27 on: September 22, 2020, 05:36:02 am »

Sorry, stupid edit before

NOPE Bids for 50 shares of MerchantVessel#3 for 6^ each

Spoiler: Assets (click to show/hide)
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King Zultan

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Re: Risky Ventures - Turn 0: Auctions and Deals
« Reply #28 on: September 22, 2020, 06:34:48 am »

ASS Bids for 50 shares of MerchantVessel#3 for 6^ each.
Spoiler (click to show/hide)
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Madman198237

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Re: Risky Ventures - in Spaaaaaaaace!
« Reply #29 on: September 22, 2020, 07:27:06 am »


CPST bids for 50 shares of Merchant Vessel #2 at ^8 per share.
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