This is part of FAQ from AGLOCO official website relating to SHARE:
Why is AGLOCO giving 100% of its stock to its Members?
We believe the internet should be a platform for users to benefit from, and if anyone generates money from users' normal online activities, it should be the users themselves.
How will you (the Development Team) make money if all the AGLOCO shares are given to Members?
AGLOCO pays a 10% fee to its management company, much like Tom Cruise has an agent that he pays 10%. In order to make and keep AGLOCO a vibrant community it needs to attract the best management it can. Since no stock is given to managers or founders (only Members are issued stock). This fee serves as an incentive to attract the best talent to help run AGLOCO.
What will my shares be worth?
As a profit-seeking venture, the value of the shares will be directly related to the value of the company. Since AGLOCO's profitability is dependent upon its Members' internet usage, the greater the number of AGLOCO Members the more the shares will be worth. We are currently in the process of listing the company on the London Stock Exchange (AIM). As with any public company, the market will decide what is the fair value of the share.
When can I sell my shares?
Once AGLOCO is public, Members will be free to sell their shares through the stock exchange. (see Cash and Shares).
Why is AGLOCO giving 100% of its stock to its Members?
We believe the internet should be a platform for users to benefit from, and if anyone generates money from users' normal online activities, it should be the users themselves.
How will you (the Development Team) make money if all the AGLOCO shares are given to Members?
AGLOCO pays a 10% fee to its management company, much like Tom Cruise has an agent that he pays 10%. In order to make and keep AGLOCO a vibrant community it needs to attract the best management it can. Since no stock is given to managers or founders (only Members are issued stock). This fee serves as an incentive to attract the best talent to help run AGLOCO.
What will my shares be worth?
As a profit-seeking venture, the value of the shares will be directly related to the value of the company. Since AGLOCO's profitability is dependent upon its Members' internet usage, the greater the number of AGLOCO Members the more the shares will be worth. We are currently in the process of listing the company on the London Stock Exchange (AIM). As with any public company, the market will decide what is the fair value of the share.
When can I sell my shares?
Once AGLOCO is public, Members will be free to sell their shares through the stock exchange. (see Cash and Shares).
