Come across an interesting idea called Traders Own, a networking platform combined with equity trading, CFDS and Spreadbetting. Apparently they offer equity points or units that become shares in the holding Plc company. Don't think they've floated yet, almost sounds too good to be true although the document called Member Equity Participation Scheme lays out the offer quite clearly. Will sign up and report back.
It is intended that the business will be built and developed by the Board with the eventual objective of securing a flotation or trade sale, with the intent of securing a valuation for the Company which would, in turn, reflect a corresponding value per Share at some level for all Shareholders. The Board cannot provide any guarantees as to the future value of the company nor that a trade sale or flotation of the Company (or other similar exit) may ever be achieved
The Entitlement To Shares
The Board attaches considerable importance to Participating Members converting their Equity Units earned into Free Shares. The ownership of Free Shares by Participating Members is seen by the Board as one of the key drivers in promoting the Company and developing its database and network of Participating Members.
The Equity Unit scheme will be made available at the discretion of the Board to existing and new Participating Members. The availability and time restrictions pertaining to the Equity Unit scheme and Conversion Ratios will be clearly set out on the Company Website.
The Equity Unit scheme may, at the discretion of the Board, be used for marketing and promotional opportunities that in the view of the Board will add value to the Company and for Shareholders.
It is the intention of the Board to make Equity Units available to Participating Members as follows:
Registering with TO as a Participating Member 1 unit
Introducing friends/colleagues to TO as Participating Members 2 units
Agreeing to receive Channel Marketing Communications 5 units
Commission generating Equity or CFD trade 1 unit per trade
It is intended that the business will be built and developed by the Board with the eventual objective of securing a flotation or trade sale, with the intent of securing a valuation for the Company which would, in turn, reflect a corresponding value per Share at some level for all Shareholders. The Board cannot provide any guarantees as to the future value of the company nor that a trade sale or flotation of the Company (or other similar exit) may ever be achieved
The Entitlement To Shares
The Board attaches considerable importance to Participating Members converting their Equity Units earned into Free Shares. The ownership of Free Shares by Participating Members is seen by the Board as one of the key drivers in promoting the Company and developing its database and network of Participating Members.
The Equity Unit scheme will be made available at the discretion of the Board to existing and new Participating Members. The availability and time restrictions pertaining to the Equity Unit scheme and Conversion Ratios will be clearly set out on the Company Website.
The Equity Unit scheme may, at the discretion of the Board, be used for marketing and promotional opportunities that in the view of the Board will add value to the Company and for Shareholders.
It is the intention of the Board to make Equity Units available to Participating Members as follows:
Registering with TO as a Participating Member 1 unit
Introducing friends/colleagues to TO as Participating Members 2 units
Agreeing to receive Channel Marketing Communications 5 units
Commission generating Equity or CFD trade 1 unit per trade
