Simcountry
Forum Help Buying/selling corps (Golden Rainbow)

Buying/selling corps (Golden Rainbow)

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Jack Jones (Golden Rainbow)

All worlds
09 Jan 2009 21:50Link
OK I bit the bullet and am going for level 4. So I have an Enterprise with 51 corps so far. I have a couple of questions:

Since it costs 100B to build a corp isn't it a better idea to buy a corporation that is of low value and then upgrade it? I was looking at a corp that is valued @ $4Billion in a C3. It seems like I could buy it, and then move it and I have a new corp for $9billion. Or am I missing something obvious?

Is it possible to sell a controlling interest of a country controlled public corp to your enterprise? I have a couple of corps that are doing awful and want to sell them to my enterprise. If so.... How do you do it?
J
Jack Frost (Little Upsilon)

All worlds
09 Jan 2009 21:55Link
If you have the money in your country build it there and buy it with your ceo and then just transfer the money back to your ceo and repeat. Then move as needed... if Im not mistaken I think there might be something where you have to pay a little extra for young or low valued corps. Not positive though someone correct me if I am wrong please
K
Karff (Little Upsilon)

All worlds
11 Jan 2009 01:06Link
It's like an extra 50 billion dollars if the corp is worth less than 50 billion, or something around those lines... I don't exactly remember
C
coolwind (Golden Rainbow)

All worlds
11 Jan 2009 16:50Link
I always look for C3 corps around the 14B mark with 40-60B worth of assets and cash.

I line them up 6 at a time and they are delivered within 4 months.

be aware of very cheap C3 corps as they may have a load of debts attached.

There is no penalty when moving a corp from a C3, only from a presidential country.


At the same time I build new corps in 0% tax countries on a 3 corp booster per month. You can line them up 10 at a time.

If there are no 0% tax countries availble then I build them in C3s

In addition I build new state corps and take them public around the 14B mark when the assets reach 100B, selling 51% of the shares to My CEOs.

One can accelerate the assets figure by pumping in some cash to the corp.

I also have a load of COuntry Cotrolled public corps which I am transfering to my CEOs by selling them the controlling interest.

JJ.......mesage me if you want more inf
J
Jack Jones (Golden Rainbow)

All worlds
12 Jan 2009 03:14Link
How do you go about selling to your CEOs? I have been able to buy up some shares of my country's corps that others were selling with my CEO because there was no demand.

If there is a demand how do you keep others from buying them up?
T
Treasurer (White Giant)

All worlds
12 Jan 2009 06:16Link
Yes, your best bet is to just keep building corps as fast as possible. Use "Build more Corporations" boosters for that CEO for two reasons:
1. It allows a maximum of 3 corporation builds per month in C3 countries. (It is slower in occupied countries)
2. It gives you an extension on your registration for that CEO for each booster set you purchase. (Better than paying 30 coins a month and get nothing in return)

When picking C3's to build in, a C3 will always have it's tax rate set at 30%. No big deal as long as you get 100% hiring. But eventually as the corp grows you will want to move it to a low tax country (20% and below)

Also, buy corps from GAMEMASTER CORPORATIONS. Yes they usually have debt that is easily paid off, but you can buy a crap-load of them in a few short days. Move those corps to low tax countries as soon as you can.

The "WIKI" low tax country lists can be f