The MyGaming eRepublik Thread

Mephisto_Helix said:
Yay, I got mah Society Builder medal (invited 10 people and helped them reach Lvl 6) :D
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congrats m8, that's one medal I'm still working on.

I can offer some finance help if need be as I have RL experience with accounting and finance.

*edit*

btw, I haven't really had a look at the contract e-mail you sent me but I can put one together once you got a clear idea of who's investing and what the business plan is.
 
If you buy a Q1 weapon, is the damage you inflict dependant on your strenght? Or does that weapon do the same damage throughout
 
zamrg said:
congrats m8, that's one medal I'm still working on.

I can offer some finance help if need be as I have RL experience with accounting and finance.

*edit*

btw, I haven't really had a look at the contract e-mail you sent me but I can put one together once you got a clear idea of who's investing and what the business plan is.
Click to expand...

Shot :)

I banged together one that looks quite decent so once I have the investor list finalised, I wanna send it to you for a final check if that's cool? It's just that and then translating Gold invested by each investor into shares ...... so mebbe you and Gradius can pound that one out :D
 
some good news for those who are in eSouth Africa.

Our cabinet has been formed with 8/10 endorsed candidates being voted in, another a non-endorsed candidate, and finally Ajay Bruno who was part of the PTO group. The full scoop on how things went yesterday can be found here, http://www.erepublik.com/en/article/latest-election-scoop-final-results-910087/1/20

The cabinet members are busy voting in law proposals to lower minimum wage and fix the economy, after which we'll see many companies opening their doors in the next few days.

Our president has also just posted here, http://z6.invisionfree.com/eSouth_Africa/index.php?showtopic=232&st=0&#entry857147 , that we'll be getting involved in war games in the next few days which means that you'll be able to get your fights in on a daily basis. A war game is where multiple countries join forces and open battles against each other in order to gain fighting experience (not for the purpose of destroying each other).
 
Mephisto_Helix said:
Shot :)

I banged together one that looks quite decent so once I have the investor list finalised, I wanna send it to you for a final check if that's cool? It's just that and then translating Gold invested by each investor into shares ...... so mebbe you and Gradius can pound that one out :D
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sure, here's a basic explanation in the mean time.

You need to decide on how much capital you want to raise and then issue shares to x amount of capital. eg: 50 gold needed to start a company therefore need to raise 50 gold.

You then need to decide at what price you want to issue your shares at. This price is important as if set too high, people can't afford to buy shares and if set too low, you'll have too many shares in issue. As an example, let's assume you set your share price at 1 gold a share. This means that you'll be issuing 50 shares to the value of 1 gold each = 50 gold capital raised. You yourself will want to have a controlling interest in your own company and in order to do this, you need to own 50% or more of the issued shares. You will therefore purchase 25 shares out of your own money and issue the remaining 25 shares to the public. Let's now assume that you get 5 investors, Mr A who purchases 10 shares (10/50*100=20%), Mr B with 10 shares (20%), Mr C with 2 shares (2/50*100=4%), Mr D with 2 shares (4%) and Mr E with 1 share (1/50*100=2%)

The total issued capital in your company is therefore comprised of the following:
You - 25 shares @ 1 gold = 25 gold (50%)
Mr A - 10 shares @ 1 gold = 10 gold (20%)
Mr B - 10 shares @ 1 gold = 10 gold (20%)
Mr C - 2 shares @ 1 gold = 2 gold (4%)
Mr D - 2 shares @ 1 gold = 2 gold (4%)
Mr E - 1 share @ 1 gold = 1 gold (2%)

You then purchase your company and begin selling products and earning revenue. You decide that you want to issue dividends to your shareholders on a weekly basis (every Sunday night) and the amount to issue should be calculated as follows:

net profit for week = total revenue for week - total employee costs for week - total raw material costs for week

You will not want to distribute all your net profit to shareholders as it's a good idea to keep some as a capital contribution to grow your company. Let us assume that in this week, your company made 20 gold profit of which you have a policy to distribute 70% to shareholders and keep the remaining 30% in the company.

amount to distribute = 20 gold * 70% = 14 gold

Your individual share holders would then receiving their portion of profits based on their % stake holding in the company.
eg:

You - 14 gold * 50% = 7 gold
Mr A - 14 gold * 20% = 2.8 gold
Mr B - 14 gold * 20% = 2.8 gold
Mr C - 14 gold * 4% = 0.56 gold
Mr D - 14 gold * 4% = 0.56 gold
Mr E - 14 gold * 2% = 0.28 gold

The 14 gold would've then been paid out as dividends and the remaining portion of 6 gold would be keep in the company for capital growth (in case you decide to upgrade the company quantity in the future, etc).
 
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