online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
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What is Simcountry?
Beginners Info
What is Simcountry?

closing down of undervalued corps. Status: Please read our response

Detailed Description:

Can we please have a change to Corps which have been taken over and having high level of debts or Corps which have performed an IPO but going backwards. At present you can't inject any funds into a public corp if you are the majority shareholder. You should be allowed to get rid of the debt if you wish to do so. Particular if the corp is marked to be closed if it not improves the performance. It is also a bit confusing as to why or what level a corp has to fall to before it gets shut down. Could that be made clearer.
Vote yes if you agree with this.
Thank you

35 gamers voted for the proposal.
20 gamers voted against the proposal.

The proposal has been ACCEPTED.

W3Creative reaction:

Corporations close only if their assets are below zero. If that is the case and their debt - cash - value of materials is larger than 200B or their debt is larger than 300B they close.

You cannot give cash to a corporation with many shareholders. If all of them want to share in the cost they can. The way to do so is for the corporation to issue new shares on the market. That is the way public corporations raise money. If their share holders want to help them, they can buy these new shares and make sure the corporation gets the money. If shares are available and not everyone wants to participate, that even one shareholder can purchase all the new shares.

In this way, percentages of share holding reflect the contribution of the shareholders to keep the corporation running.

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Simcountry Introduction