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Corp "Shares"
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Tina Tyrion Lanister
Royal Amarr Institute
Amarr Empire
#1 - 2013-09-12 09:37:54 UTC
I've found basic explanations of how these work , but in actual practice is this something that is actually used / worthwhile at the moment? I get the impression it isn't really a "market" at the moment.
Kendra Coldera
Pandemic Horde Inc.
Pandemic Horde
#2 - 2013-09-12 09:54:46 UTC  |  Edited by: Kendra Coldera
You are right.

Unless you want to use blueprints as collateral for a loan but you want to continue using them for the duration there is literally no use in them except for securing ownership of your own corporation.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#3 - 2013-09-12 10:56:13 UTC
Shares are used for two things:

1. Votes

2. Dividends

You can use votes to create more shares, lock/unlock blueprints, change CEOs and maybe a few other things that never really get used.

You can use dividends both internally to reward corp members for things and externally to reward outside investors etc.

It's also entirely possible to use shares as markers for things that go beyond their in-game functionality.

These features do get used a fair amount. But they aren't very user friendly, reliable or well understood so it's quite possible for unscrupulous people to abuse them in various ways.
Kendra Coldera
Pandemic Horde Inc.
Pandemic Horde
#4 - 2013-09-12 11:12:37 UTC
Bad Bobby wrote:
Shares are used for two things:

1. Votes

2. Dividends

You can use votes to create more shares, lock/unlock blueprints, change CEOs and maybe a few other things that never really get used.

You can use dividends both internally to reward corp members for things and externally to reward outside investors etc.

It's also entirely possible to use shares as markers for things that go beyond their in-game functionality.

These features do get used a fair amount. But they aren't very user friendly, reliable or well understood so it's quite possible for unscrupulous people to abuse them in various ways.


It's great that the right person explained this Pirate
Lucas Kell
Solitude Trading
S.N.O.T.
#5 - 2013-09-12 11:27:21 UTC
I put some share from my alts corps across to my main.
That way, when they get war decced, my main gets a notification.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
RubyPorto
RubysRhymes
#6 - 2013-09-14 06:03:42 UTC
Bad Bobby wrote:
Shares are used for two things:

1. Votes

2. Dividends

You can use votes to create more shares, lock/unlock blueprints, change CEOs and maybe a few other things that never really get used.

You can use dividends both internally to reward corp members for things and externally to reward outside investors etc.

It's also entirely possible to use shares as markers for things that go beyond their in-game functionality.

These features do get used a fair amount. But they aren't very user friendly, reliable or well understood so it's quite possible for unscrupulous people to abuse them in various ways.


Well what do you know about shares anyway... Twisted

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
I Was There
Habemus
#7 - 2013-09-14 09:33:40 UTC
I bought shares in a corporation for a total sum of 2,3b isk. It's basically a corp build as a big bond, where all the profit goes and gets split. Works so far.
Andracin
Brutor Tribe
Minmatar Republic
#8 - 2013-09-15 03:29:43 UTC
Shares exist to:
1) force votes against CEO's who go inactive so they can be replaced
2) force votes against CEO's so you can backstab them and steal the corp out from under them
3) put yourself in a position so you cannot be kicked and/or so you can completely screw the corp who wants to be rid of you
4) sell them on the forums with a grand plan of dividends, take the isk, leave the corp and laugh yourself to the bank

To make them even a semi-legitimate legitimate investment you would either have to entirely trust the person you bought them from, trust that the corp isn't going to fade into obscurity like 99% of all EVE corps generally do, or buy them for the novelty like many people did from INNOMINATE NIGHTMARE due to his popular blog, with full knowledge of no return.

The entire corporate interface needs a ton of work, its more complicated and garbled up than some of the old DOS programs I worked on in the 90's. A nice feature to add would be to allow the CEO to set automatic dividend pay outs at a % of total corp profits for a set unit of time, such as weekly, monthly, yearly. Then you might actually see shares used for "legitimate" purposes.