Blonde shareholding

[Irishdenis]

Hi All,

As you might be aware I am one of the Blonde shareholders. For the last year my involvement has been zero due to other commitments. Prior to that I tried to be involved as much as possible to promote the site.
 It is obvious that my non participation does not help Blonde. To that end I am putting my shareholding in Blonde up for sale. I must stress I will only sell my shares to someone who wants to be involved in the future of the site. I want what is best for Blonde and an active shareholder is what is needed. If you feel you can make the necessary commitment to the site then please email me directly. For the record I have the largest shareholding in the company at 27%.  It might even be the right thing to do to sell the shares to a group of people who want one or two shares each. As long as your heart is in Blonde...

Denis O Mahoney

[redsimon]

$1 transfer via FTP or Stars OK?

[byronkincaid]

I offer $500 as long as I get access to the mods room and you accept a FT transfer

[Robert HM]

I offer $500 as long as I get access to the mods room and you accept a FT transfer

Even Dennis doesn't get access to that room. That will take a min 51% holding.

[ACE2M]

can we know how much shares are being sold for?

[Colchester Kev]

can we know how much shares are being sold for?

As Denis stated in his OP email him directly ... Or PM him.

[byronkincaid]

what is an "active" shareholder?

[cia260895]

What is the price for 1 Blonde share?

[rex008]

Whatever someone pays for it. Given it's not listed, and nobody is making a market in them (as far as I'm aware), that's the only way to value shares in a private company.

[Colchester Kev]

Share prices will not be disclosed on a public forum.

If anyone is "Seriously" interested in buying Denis's shares, please contact him directly.


I have been asked to post this on the thread.

[Dingdell]

It's very difficult to value an unlisted company - it's worth only as much as someone is prepared to pay for it imo - a company may have an asset value to it but this may only usually be realised with the agreement of a majority (if not all depending on way it was set up) of the shareholders.

For example there is probably a value to the adresses Blonde holds but unless the shareholders agreed this value could not be utilised.

Just my opinion.

I don't think we should speculate as to the value of these shares, that would be commercially a bad approach for buyer and seller.

[boldie]

how's about we all pool together for a few quid and buy it?...I was thinking about something similar earlier...say an extra share-issue in Blonde shares offered to forum members..they wouldn't get a say or anything but it would injext a bit of cash into Blonde.

[byronkincaid]

let's value it then

from memory of the threads over the last few days and some guesswork

assets; a cardroom making around £2K per month
a sponsorship deal with celeb at around £1K per month for unknown period of time
a partnership just started with RTR possible good long term prospects
tikay, tighty and kev all great at their roles
loyal forum members
no debt!

liabilities; owe £12Kish to tighty for wages
£250 pm server cost


big question mark over whether or not it is possible to make money from forum members (fkin cheapskates imo)
loss of tikay for any reason would be massive I think

so that's a (possibly totally wrong) start. how do you value it from here? is it X x earnings, X x profits?

[cia260895]

how's about we all pool together for a few quid and buy it?...I was thinking about something similar earlier...say an extra share-issue in Blonde shares offered to forum members..they wouldn't get a say or anything but it would injext a bit of cash into Blonde.

tis what i.ve been thinking

seeing as the staking side of the forum is going well why not same sort of thing on shares of blonde??

[Dingdell]

how's about we all pool together for a few quid and buy it?...I was thinking about something similar earlier...say an extra share-issue in Blonde shares offered to forum members..they wouldn't get a say or anything but it would injext a bit of cash into Blonde.

It's a lovely idea but in reality all shareholders would probably have to agree and the way it was set up may not allow extra shares to be issued.

Additional shares would probably reduce the value of existing shares so it's unikely this would get past some of the shareholders despite the fact that an injection of cash may in the long term increase the value of the shareholding. There are a lot of inactive shareholders which can make it difficult to say the least.