online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
No download needed!
What is Simcountry?
Beginners Info
What is Simcountry?

IPO for any corporation - phase 1 Status: Please read our response

Detailed Description:

In real life, there is no threshold for executing an IPO or issuing new shares. There is no asset threshold, no P/E threshold or earnings threshold. Some corporations get away selling shares without a turnover! The only thing that is required to persuade people that this corporation is good, if we could get some of your money and turn the corporation around. These are the corporations that sell shares in reality, the financially sound well established corporations don't. Coincidentally, the later corporations meet the IPO thresholds, the former doesn't.

The purpose of this proposed change, while not allowing every corporation to execute an IPO will be a step in that direction if passed.

Rules for if an IPO is possible should be changed to: Any corporation that is making profits is eligable for IPO Any corporation with a decent asset level should be eligable for an IPO. Put up some correlation between the corporations internal finance index and it's asset level.

26 gamers voted for the proposal.
7 gamers voted against the proposal.

The proposal has been ACCEPTED.

W3Creative reaction:

In real life, corporations are smaller than the corporations we have in the game. We just cannot have 100.000 corporations in a country. We also must prevent a stock market with 100.000 corporations. In real life there are several thousands max on the stock market in each country but here we have one worldwide stock market.

This is why we had to require very good performance and accept only the best. This is intended to create more competition between corporations and players. Public corporations will become even more profitable in the future.

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Simcountry Introduction