Too Many Corporations???

Hi guys, i got this message with my CEO when trying to build a new corp

"Sorry, you already own too many corporations."

Is there a limit? I have never seen this before. I have 754 corporations in my Teddy Bears Picnic CEO on LU.

Why am I getting this message when there are CEO's with over 1500 corps?

Thanks for having a look guys :_)

Teddy

The limit is indeed 750.

There are enterprises with more corporations, because they gain a controlling interest in a public corporation.

Thats so annoying. I guess i will need to turn to the share market huh?

Thanks for the replay Laguna, you remain as always, the Oracle

Teddy

So I had a think, and I have a couple of questions please.

If i make one of my CEO's own corps into a public one, by diluting my control under 25%, will this then free up a slot for me to build a new one?

If i buy shares of a corporation until I have control of it, if I were to keep buying shares so that my % were greater than 25, would that then take one of my slots?

Also, does a public corp which has become a private corp because of ownership being over 25% again loose its productivity back from 250 to 225?

Thanks for having a look guys

Teddy

Dang bro...750 corps!...that IMO is pretty sick!..Good job though..;)

The 750 corp limit refers to corps the enterprise controls, so diluting the shareholding to <25% will not necessarily cede that control, conversely you can own 49% of shares and not have control if the other 51% are owned by one of your countries.

You can use share market to increase the quantity of corps you control because the 750 corp limited is not currently considered when buying shares, therefore you could IPO 100% of corp shares to your enterprise and then repeat indefinitely.

An enterprise can also hold shares in 500 corps, whether the enterprise has control or not.

and yes, a corp requires the controlling corp to have 10 shareholders, even if the controlling share was >25%, but I am unsure whether that bonus still exists.

gawd.. let me try that again!

and yes, a corp requires the major shareholder to own 10 shareholders, even if the controlling share was >25%, but I am unsure whether that bonus still exists.

i dont know whats going on here!

Think i know what happened now... fingers crossed (and in pidgeon english this time)

corp requires less than 25% controlling share to achieve 250 upgrade limit


used to be a bonus to give limit of 235 if more than 10 shareholders, not sure if this still exists

All those Arccuks in sync made me fall off my chair!!

It does not reqiure 10 shareholders, just that none control more than 24%

@dboyd, yes you are correct, but i believe there also used to be a bonus for public corps with more than 10 shareholders, EVEN IF the major shareholder had more than 25%.

a corp with controlling shareholder owning less than 25% allows upgrades to 250. I think the bonus for more than 10 shareholders allowed upgrades to 235.

like i said earlier, i'm not sure if that bonus still exists.

also A corp with a non-controlling shareholding of more than 25% can still upgrade to 250 - 40% held in an IF for example.