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Forum Golden Rainbow Veteran help needed

Veteran help needed

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barcelona15

All worlds
15 Aug 2012 17:13Link
I've been around for a few months now. I've reading the forums for advice and used some of it. I've been changing strategies left and right on how to improve my country, and I've seen very little improvement. If someone could tell me a good strategy that would help me out, I would greatly appreciate it. Also, I'm still confused on the IPO corps. How do you make money, and are they even worth it?

Thanks,

barcelona15
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Drew

All worlds
15 Aug 2012 18:32Link
country name?

Anywho IPOing seems to be more tempting then practical for a lot of people, but there are reasons to do it. If you can dillute your ownership to less then a CEO's ownership then they have to pay you country resource payments, which will most likely be more then what you get paid by other means (not neccessarily but more than likely). Also if the majority share holder can move to under 25% the corp will go truly public and you can upgrade upto 250 instead of 200. If a corp is public and a CEO can wrestle it away from you they can move it and you can collect on it while it's not even in your country. Finally time value of money, if you need money now you can sell off pieces of the corp too get useable capital more quickly. Which can be used to defraud investment funds. But get the price going up and selling then bring the price down nd buy, etc. I don't do that but could be a reason.

In reality thoug
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barcelona15

All worlds
16 Aug 2012 04:21Link
"The Grand State of Victoria Do" on Golden Rainbow.

What should the health index and salaries be? I think I have everything else sorted out, but there are a lot of different ideas on what these two should be. I listed my country above.

Thanks for the help,

barcelona 15
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Drew

All worlds
16 Aug 2012 06:02Link
given your other indexes, hmm well it works like this its better to have an index of ed=190, health=160 then ed=220 health=130. I recommend you close this gap a little more. Your education is similar to mine but I keep my health in the area of 170-180. That is 2x the hospitals recommended. What I do is take transportation and health and multiply by 2.1 then let it fall until it starts to affect general welfare. Then redo it, so it isn't constant maintenance. But it's just a suggestion your indexes are great though.

As for salaries, their are a lot of strategies you can do. First you don't want CEO's that pay salaries less than 300, you want CEO's that pay as much as possible, as country resources are linked to revenues not profit, in addition the higher the salaries pay higher income taxes. With that said one of salary strategies which I recommend to you is: Let a country go truly public and raise the salaries to a le
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barcelona15

All worlds
16 Aug 2012 06:54Link
Most of the corporations in my country are my enterprise's corporations. I have raised the salary in my enterprise corporations to 1300. As for the public corporations, what about the public offering of more shares? Is that necessary, or until the major share holder has less than 25%? If it's country controlled, do I still raise the salary level to 1300?

Thanks again for the help,

barcelona 15
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Drew

All worlds
16 Aug 2012 08:45Link
You have to offer shares out in order to get the ownership of the largest owner below 25%. Investment funds can never be majority shareholders so if they buy shares then it is fine all the way up to 40%. So selling more past 25% can be dangerous, if too many shares are available on the market then they can steal the corp away from you. But since the corp won't be profitable with super high salaries you can make some money off of them before their market value drops (<-Useless number). But you do that at your own risk if you lose control then you will have to nationalize the corp to get it back and it comes with a fee. The higher the MV the higher the fee. Of course you don't have to do anything of this. <- this is all an edit so below gives an alternative of ignoring truly public or using your CEO. It's just my prefered method.

Only boost country controlled corporations to high levels, but you are going to have to
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Drew

All worlds
16 Aug 2012 09:03Link
oh um but if your ceo is in other countries you are helping them a lot more than you're helping yourself with 475 salaries, I recommend 300 if in a country not your own slightly higher if its a high welfare country slightly lower if it's a low welfare country (best to avoid those)