Simcountry
Forum Help Private corps

Private corps

J
jansen

All worlds
09 Jul 2012 06:49Link
is it possible to attain an unlimited ammount of private corps in a single country through the coordination of a CEO and president in which a president starts a company and IPOs it and then the CEO buys 100% of all the shares to make it private...could this bypass the limit of private corps per country per enterprise
R
Rick

All worlds
09 Jul 2012 09:49Link
Yes, Yes, Yes and Yes.
It's a lot of work.....but it works!
M
Madoff

All worlds
09 Jul 2012 09:56Link
Yes, that works. The CEO can buy 100% of the shares.

But any share distribution in which a CEO has a higher percentage of shares than the country is good enough for a corp to become CEO-controlled.
J
jansen

All worlds
10 Jul 2012 00:45Link
alright thanks...idk why the gm just doesnt make it easier for everyone and get rid of the restrictions
C
Crafty

All worlds
10 Jul 2012 18:45Link
I dont think its unlimited, but its many more than the normal way.

You can go even further than that, bypassing IF share owning rules in corps in its own country, so you can have a truly public corp paying more of its profit to the host country. Lots of little share market fiddles strategies that people have come up with, if you can keep track of it all.