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Hello!

Posted: Mon Aug 19 2013 12:42pm
by Snakybat
Hi there.
I am new to iMutual and I wondered what you can do with the shares. Could someone please give me a brief explanation?
Cheers

Re: Hello!

Posted: Mon Aug 19 2013 12:56pm
by BeautifulSunshine
Firstly, WELCOME ON BOARD.

At the moment you can't buy/sell/transfer the shares. The truth is that today the shares have no real value. We will not pay a yearly dividend. The BIG IDEA is that a large company (Google, eBay, Private Venture Firm) will buy us out. Then the BIG money will roll in per share. The guy who started the company, Richard owns 10%. The rest is ours for the taking.

Re: Hello!

Posted: Mon Aug 19 2013 2:34pm
by Richard Frost
http://www.imutual.co.uk/help/15/#q Will give you lots of info regarding imutual shares.

Re: Hello!

Posted: Mon Aug 19 2013 10:56pm
by kevinchess1
Just a couple of minor corrections well one actually
Unless I'm wrong Richard dosen't own 10% the staff who work for Imutual do, which includes Richard
And the preferred term for the Shares worth is that they have 'an unknown value.'
If it helps one member turned down £10 cash for his shares, actually i don't suppose that does help

Re: Hello!

Posted: Mon Aug 19 2013 10:56pm
by kevinchess1
Oh and well come :thumbup:

Re: Hello!

Posted: Tue Aug 20 2013 3:16pm
by magnificent7
I'm afraid "no real value" is true. Be careful of spin doctor tricks. Having said that, the same was true for Apple, Google, eBay and Facebook.

One of our main competitors had several million pound advertising campaign last year so that goes to show what is possible.

Re: Hello!

Posted: Wed Aug 21 2013 8:52am
by blythburgh
Welcome, any questions please ask, we all remember being newbies once and being confused.

And a good first question that others would have liked to ask but do not like posting on forums.

Re: Hello!

Posted: Wed Aug 21 2013 8:57am
by duke
Welcome. :thumbup:

Re: Hello!

Posted: Wed Aug 21 2013 9:01pm
by xxxraichxxx
Welcome - are you any relation of OES?

Re: Hello!

Posted: Tue Sep 17 2013 10:40am
by Usa123
Hi - welcome.