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Thread: RUR Annual Shareholder Meeting

  1. #1

    RUR Annual Shareholder Meeting

    RUR proudly announce their second Annual Shareholders Meeting will be held on August 27th at 7 PM GMT at RUR own headquarters in the Coast of Peace.

    This will be a rare opportunity for members of the public to:

    * Buy RUR shares the shares auction!

    * Vote Dabblez and her Board of Directors out of office!

    * Get blindingly drunk for free!

    Be aware that RUR's headquarters is a frequent target from alien invaders from outer space. It is also where RUR's experimental laboratories are located. RUR declines any responsibility for any damages within its town limits to persons or property caused by said space-aliens or indeed any other natural or unnatural source.

    RUR headquarters can be found at location 2900 1350 in the Coast of Peace. We are just a short journey due South of Lush Hills Resort. Warps will be provided from Newland City up until 10 minutes prior to the start of the event.


    Please note that voting (in person or by grid-mail) is mandatory for RUR shareholders. Failure to vote (in person or by grid mail) may result in your shares reverting back to RUR!

    More details on the shareholder meeting and different ways of voting can be found below.

    Best regards,

    Dabblez

    Director of Rubi-Ka Universal Robots



    RUR Annual Share Holder Meeting Rules and Regulations

    1. The main purpose of the RUR Annual Shareholder meeting is to allow RUR shareholders to vote as to whether to retain or dismiss RUR’s current Board of Directors.

    2. If the majority of RUR shareholders vote in favour of the motion this will confirm Dabblez as Director of RUR and leave the existing Board Members in charge of RUR for another year.

    3. If the majority of RUR shareholders vote against the motion a new Director will have to be elected. The current RUR management will have 30 days to accept nominations for a new Director of RUR and stage an election. At the end of the 30 days all RUR shareholders will be asked to vote for one of the candidates. The new Director will then select his or her own Board Members.

    4. Failure to elect a new Director inside the 30-day term will result in RUR being dissolved. All RUR it's assets will be sold and profit used to pay off the company's debts. If anything is left after the creditors have been satisfied (unlikely given RUR massive debts), the remainder would be split among RUR shareholders.

    5. Nominees for the position of CEO of RUR do not have to be current RUR employee, though he or she would be expected to join RUR once elected.


    How to Vote

    Voting is mandatory for RUR shareholders.

    1. You can cast your vote in person at the Annual Shareholder meeting. This is the preferred option.

    OR

    2. You can cast a post vote send by sending a grid-mail to gsoylent@hotmail.com with the subject ‘RUR Shareholder Meeting’.

    Vote ‘YES’ if you wish to retain the current board of directors.

    Vote ‘NO’ if you wish to dismiss them.

    The deadline for postal votes is 00:00 GMT on Sunday 27th August.

    Any shareholder who fails cast their vote by either method will lose his or her shares. Said shares will revert back to Rubi-Ka Universal Robots and will be auctioned off at the Annual Shareholders Meeting itself.
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  2. #2
    If you ever wanted to own RUR shares, this is your best bet yet. Only five more days to go, or you will have to wait another year!
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  3. #3
    I am curious as to what advantages I would get from the shares and if I could own them without having any obvious affiliation with RUR?
    Ebondevil - Omni Level 220 Agent on Atlantean, Feel free to contact me any time if you have questions, in game or out.
    Varinox - Omni Level 220 Meta-Physicist on Atlantean
    Yamarra - Omni Level 150 Shade on Atlantean

    Feel free to send me any tell in game or a Private Message if you require anything.

  4. #4
    Quote Originally Posted by Ebondevil
    I am curious as to what advantages I would get from the shares and if I could own them without having any obvious affiliation with RUR?
    I am glad you asked! RUR shareholders are entitled to:

    (1) Voting rights at RUR’s Annual General Meeting and any potential Extraordinary General Meeting. That means you, the shareholder can vote and my board of directors out of office if you think we are not doing the job well enough.

    (2) A share of RUR profits in the measure of your share holding. (*)

    (3) RUR shares are tradable. Outside of these yearly auctions, you can only buy RUR shares from the existing shareholders. The value of said shares is whatever the buyer and seller can agree too.

    (*) Pending RUR making a profit

    Dabblez
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  5. #5
    Ok sounds fair enough 2 more questions:

    (1) How Much would each share cost roughly
    &
    (2) What percentage of RUR's profit would i get per share (*)

    (*) Pending RUR making a profit
    Ebondevil - Omni Level 220 Agent on Atlantean, Feel free to contact me any time if you have questions, in game or out.
    Varinox - Omni Level 220 Meta-Physicist on Atlantean
    Yamarra - Omni Level 150 Shade on Atlantean

    Feel free to send me any tell in game or a Private Message if you require anything.

  6. #6
    The shares will be sold in lots of roughly 1000 or 2000 shares. As its a secret auction, I can't predict what the final price for any one lot will be.

    In terms of percentage of profits, we issues 100,000 shares two years ago and that remains the total number of shares in circulation. Thus each share entitles you to 1/100,000 of our net profits.

    You probably want to speak to Miremeld of Kettera from RUR Finance department for more details, but that is how I understand it.

    Dabblez


    (edited)
    Last edited by Dabblez; Aug 23rd, 2006 at 12:06:34.
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  7. #7
    It's tomorrow!
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  8. #8
    I am pleased to annouced that following RUR Annual Shareholder meeting, the current vote went in favour of retiaing the company's Board of Directors. The vote was:

    67% in favour
    25% against
    08% abstained

    So basically, I still have a job!

    RUR shares were auctioned at the event which raised a total of 99 million credits. The updated list of RUR shareholders can be fould here.

    My thanks go to all the RUR shareholders for the confidence they demonstrated in our company despite the occasional mishap.

    Dabblez,
    Rubi-Ka Universal Robots
    Last edited by Dabblez; Aug 28th, 2006 at 21:19:51.
    Dabblez - Rubi-Ka Universal Robots (RUR)
    We put the Art into Artificial Intelligence!

  9. #9
    Quote Originally Posted by Dabblez View Post
    So basically, I still have a job!
    Surprise, surprise.
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