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Welcome. Well, heres how this is going to work. You may also be wondering how this will make you money. This is answered in post #2, so all of you here to make money, MAKE SURE YOU READ POST TWO!!!

Alright then, down to buissness, and a little history.
I have been interested in the Stock Market since I was 13, and seeing as it was so expensive, I had to work with play money to see how I would do. I made over 50,000 dollars profit on an original 100,000 investment. (all figures are in Canadian dollars cool ) Sooo. I have finally decided to bring the risk and the rush of excitement of the Stock Exchange to Gaia, for all of you shrewd investors out there.

Alright, now the cogs of the project.

There will be exactly 1,000,000 shares available to you, (The Gaian Public) I, being the Owner, CEO, President, Mod, and Creator of the Gaian Stock Exchange will have 100,000 shares to myself and other privilaged people who will help to run this Thread. These are called Exectutive shares and carry 2 votes on what this thread does per share. The other 900,000 shares are refered to as Standard Issue Shares, and carry 1 vote per share. Votes are explaned in post #3. The The IPO for these shares (Initial Public Offering) will be on December 31st, 2005, at 10:00pm. Shares will be available for purchase at this time. Shares will cost 1 gold each, and will increase in price whenever someone buys a share. Shares will be rounded following standard procedure. (.4 and below = 0. .5 and above = 1. ) The share price will increase by .1 gold every time someone wants to buy a share. (Please keep in mind that there is only one of me and potentially 900,000 of you. I CANNOT process all trades at the same time through the useful but inhibiting funnel known as the Bank! If your trade goes unnoticed, PLEASE, post a request to buy, or sell in this thread. The time is automatically recorded every time you make a post, and I will get you your trade as quickly as possible, after hours even)

YOU CAN RESERVE SHARES AT A COST OF ONE GOLD PER TEN ON TOP OF THE SHARE PRICE.


RULES

1. All Gaian rules apply.
2. Do NOT piss me off! Doing this will result in you losing your shares, getting yourself on my Black List
3. Exchange times are flexible, but may be closed at any time without warning. Typically we will be open for buisness between 9am and 5pm, though few trades may be processed in this timeframe.
4. Only PM me with requests for tips, which cost 1 gold each, and yes you may share tips with eachother.
5. Please be patient while waiting for your trade to be processed.
6. Bumpers will not be paid, but are greatly appreciated.
7. Comply with all requests from me or any one of my staff. (to be announced and no, you may not apply for a staff position.)
8. As in real life, all trades are final.

Post Guide
Post#1 General Explanation
Post#2 How to Make Money Here
Post#3 The Voting Process
Post#4 Announcements
Post#5 Frequently Asked Questions
Post#6 Grey List and Black List
Post#7 Terminology
Post#8 TBA
Post#9 TBA
Post#10 TBA
Post#11 Open/Closed Sign
Well, you had the strengh in your eyes to make this far, so your reward...
This is a post for you diehard moneymaking business peoples. It explains the fundimentals of this exchange. You simply have to:
1. Check the current price of the stock. (optional, but encouraged)
2. Place a post with the following information present.
BUY ORDER (as a heading)
Avitar Name
Number of stocks you wish to buy, OR, the amount of gold that you want turned into stock.
3. Start a trade with one of my staff, or myself. (the information will be transfered to me regardless.)


You now own stock from the GSE!

To sell your stock, simply:

1. Place a post in this thread, declaring the following:
SELL ORDER (as a heading)
Avitar Name
Number or shares you wish to sell, OR, the amount of money you would like changed out of stock.

2. Start a trade with me or one of my staff. The trade will get to me regardless of who you send the trade to.

To place a SHORTSALE, do the following:

1. Place a post labeled SHORTSALE with the following information present.
Avitar Name
Number of Shares Requested
Term of the Requested Shortsale (Max 2 month)
Item you will put in place of the shortsale.
(Item must have sellback value equal to or greater than
shortsale request amount)

2. PM request to ME for approval.

More about shortsales in post #7

For simplicity, there will be no use of futures or options.
Please keep in mind that I will be able to update this at any time, so keep checking back to see whats new!
The Voting Process

Each share carries one vote, with some exceptions. (Executive Shares carry two.) These votes may be used in a variety of ways. Example: Say There was a proposal put on the table to split the shares. (See post #6) The Proposal would be forewarded to you, the Shareholders to vote on. so say you have 1000 shares. You would post or PM me with what your vote would be, in this case, yes or no. I would look up your name and your total number of shares. Your response would then be multiplied by the number of shares that you currently own. In this case, 1000. The end result is you having a share in what happens to the Stock Price.

To make sure that we are not falsifying reports to please a select few parties, we will post the results for all to see in the Announcements post. (Post #4)
Thats all for now, but I will be making amendments to this!
ANOUNCEMENTS

open for buisness
Grey List
No one.... Yet.

Black List
No one... Yet
Terminology.

Shortsale
A shortsale is when a person says to a teller, (or in this case, me) "I want to sell some stock. But I do not own any. So I am going to take this money, and I am going to give you an IOU note.( and in the case of this exchange and broker combo, you will have to give us an item that has a sellback value that is at least double the value of your monetary loan.) You are given a loan period in which you must pay back the loan, and if you do not pay off your loan, a warning letter will go out to you. if you do not heed the letter, we will sell you item to collect on our behalf.

IPO
An IPO, or Initial Public Offering is the first crack a potential shareholder has at getting a share in a company.

If you want me to add to this terminology list, just post a reply or PM me.
WE'RE OPEN FOR BUISNESS!!!!!!!!!

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