http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html Entrepreneur, Blogger, Speaker, Webaholic & Search Engine Guru Tue, 06 Jan 2009 03:26:08 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154583 Eve Dmochowska Mon, 10 Sep 2007 12:30:38 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154583 Between this post and the one on Tech Crunch, who knew there were so many online lawyer wanna-be's? :-) Between this post and the one on Tech Crunch, who knew there were so many online lawyer wanna-be’s?

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-71194 Eve Dmochowska Mon, 10 Sep 2007 07:30:38 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-71194 Between this post and the one on Tech Crunch, who knew there were so many online lawyer wanna-be's? :-) Between this post and the one on Tech Crunch, who knew there were so many online lawyer wanna-be’s?

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154582 Vinny Lingham Sat, 08 Sep 2007 08:14:18 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154582 Jacques - read the fineprint - the shares will only be transferred if we go public, or else the company is sold and the proceeds paid out. We're investigating using a trust as well, which means that we can have 1 shareholder, in the trust, and multiple beneficiaries. Jacques - read the fineprint - the shares will only be transferred if we go public, or else the company is sold and the proceeds paid out. We’re investigating using a trust as well, which means that we can have 1 shareholder, in the trust, and multiple beneficiaries.

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-70661 Vinny Lingham Sat, 08 Sep 2007 03:14:18 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-70661 Jacques - read the fineprint - the shares will only be transferred if we go public, or else the company is sold and the proceeds paid out. We're investigating using a trust as well, which means that we can have 1 shareholder, in the trust, and multiple beneficiaries. Jacques - read the fineprint - the shares will only be transferred if we go public, or else the company is sold and the proceeds paid out. We’re investigating using a trust as well, which means that we can have 1 shareholder, in the trust, and multiple beneficiaries.

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154581 Jacques Marneweck Fri, 07 Sep 2007 22:17:41 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154581 Found it. There is a limit of 50 shareholders for a (Pty) Ltd. You you plan on issuing 1000 shares to 1000 more shareholders which would make Synthasite have 1000 + n where n is the current number of shareholders. Found it. There is a limit of 50 shareholders for a (Pty) Ltd. You you plan on issuing 1000 shares to 1000 more shareholders which would make Synthasite have 1000 + n where n is the current number of shareholders.

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154580 Jacques Marneweck Fri, 07 Sep 2007 22:14:07 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154580 Vinny, how does giving away shares in a (Pty) Ltd bypass the fact that there is a limit on the number of shareholders one can have in a (Pty) Ltd, per the companies act? Vinny, how does giving away shares in a (Pty) Ltd bypass the fact that there is a limit on the number of shareholders one can have in a (Pty) Ltd, per the companies act?

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-70560 Jacques Marneweck Fri, 07 Sep 2007 17:17:41 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-70560 Found it. There is a limit of 50 shareholders for a (Pty) Ltd. You you plan on issuing 1000 shares to 1000 more shareholders which would make Synthasite have 1000 + n where n is the current number of shareholders. Found it. There is a limit of 50 shareholders for a (Pty) Ltd. You you plan on issuing 1000 shares to 1000 more shareholders which would make Synthasite have 1000 + n where n is the current number of shareholders.

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-70558 Jacques Marneweck Fri, 07 Sep 2007 17:14:07 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-70558 Vinny, how does giving away shares in a (Pty) Ltd bypass the fact that there is a limit on the number of shareholders one can have in a (Pty) Ltd, per the companies act? Vinny, how does giving away shares in a (Pty) Ltd bypass the fact that there is a limit on the number of shareholders one can have in a (Pty) Ltd, per the companies act?

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154579 Llew Claasen Fri, 07 Sep 2007 00:45:07 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154579 This makes a lot more sense to me now VL - hadn't looked at the original post when I read the Tech Crunch post. I think it's a great idea. This makes a lot more sense to me now VL - hadn’t looked at the original post when I read the Tech Crunch post. I think it’s a great idea.

]]> http://www.vinnylingham.com/1000000-free-shares-in-synthasite-up-for-grabs.html/comment-page-1#comment-154578 Gordon Choi Thu, 06 Sep 2007 21:23:38 +0000 http://www.vinnylingham.com/2007/09/1000000-free-shares-in-synthasite-up-for-grabs.html#comment-154578 I believe it's a great idea to get as many talented developers / designers / translators / marketers to each play a part in the development of Synthasite. I believe it’s a great idea to get as many talented developers / designers / translators / marketers to each play a part in the development of Synthasite.

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