Subscribe to this topicForums > Tnw Designs and Real Estate > Topic: Paris, Paris and more Paris
| Jan 8th 2008, 09:03 Sean4you Shepherd |
Paris, Paris and more Paris | |
| Not Hilton of course. Any news Lex ? |
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| Jan 8th 2008, 09:25 Enky Nakamura |
Re: Paris, Paris and more Paris | |
| He is probably very busy, i expect some news from him maybe tomorrow. |
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| Jan 8th 2008, 10:06 Sean4you Shepherd |
Re: Paris, Paris and more Paris | |
| Thanks Enky. I hope he have a good trip and i hope the result will be tremendous. |
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| Jan 8th 2008, 20:32 lex Fitzcarraldo |
Re: Paris, Paris and more Paris | |
| things are going nice...very very nice and i expect to sign contracts tommorow or thursday.. now wtf is going on? i leave the free world for just a minute and because of LL the whole world turns upside down? well rest assured, tnw is still doing business as usual until the 22nd, and working with arbitage and the capex staff, i am sure we will find a way to work out this newest problem LL dediced to throw at us. either way it goes, TNW is here, will remain here, as well as will TNWB Lex...in paris france,....reporting |
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| Jan 9th 2008, 05:31 Enky Nakamura |
Re: Paris, Paris and more Paris | |
| Glad to hear you Lex, after what happened yesterday! I'm very happy things are going well in Paris, i'm not sure on how we can resolve this new problem LL throw at us. The only way is to obtain a bank license, and it is not a thing could be achieved in short time. _________________________ From howstuffworks.com: Starting a Bank: Charter Application and Other Details There are still some details that have to be determined before you can submit your charter application. For instance, what are you going to call your bank? You have to come up a with a name that is different enough from other bank names to avoid confusion. You also need to think about whether you want the word "bank" in the name, and whether you want the geographic region in the name. Regardless of the name you choose, you have to verify that the name is not being used by any other corporations -- which leads us to the fact that you have to become incorporated. Before you actually file your application, it is recommended that you set up a pre-filing meeting with the state's department of finance and banking. This will help make sure that you have all of the information you need to file. Usually, the biggest delays come from incomplete background and/or financial information. Once you have all of the details ironed out, you fill out the charter application and submit it (along with a lot of other information) to the state's board of finance and banking -- or, if you're applying for a federal charter, you'll send it to the Office of the Comptroller of the Currency. Here is the list of items you have to include in Florida: * The names and addresses of all of the organizers and the holding company (if there is one) * The names of the proposed directors, the CEO, the senior loan officer and the cashier * The name and address of the bank * The number of shares, par value, and share prices for each share that will be sold * The total amount of common stock, as well as surplus and reserves for operating expenses * The number of shares of bank stock that each organizer plans to purchase * Where the money for purchasing those shares is coming from * Names and addresses of proposed investors who will own more than 10 percent of the bank's total stock * A completed charter application (form DBF-C-10 in Florida) for each organizer, proposed director and principal stockholder, CEO, senior loan officer, cashier, and all other executive officers * Pro forma financial statements * An addendum to those financial statements that explains assumptions and strategies to achieve the projected market share for each type of product or service * Assumptions used to calculate earnings * Everyone involved in the purchase or lease of the proposed bank building * Any business or personal affiliations between the bank property seller or lessor and any of the organizers, other bank officers, and shareholders who will own 10 percent or more of the bank stock * Copies of location feasibility studies and local zoning laws * Copies of results of any environmental tests conducted at the bank's location * Projected organization costs (this includes filing and regulatory fees, professional and consulting fees, payroll and payroll taxes, rent, capital-raising costs, printing, postage, telephone and office supplies) * Proposed salaries and benefits for bank officers * Copies of any employment contracts that may be given to officers * Copies of proposed bank policies * And finally, your detailed business plan! As you can see, there is a lot of information that has to be gathered and submitted with your charter application. Leaving out any of this information, or having some of it incomplete, will slow down the review process considerably. There will also be a filing fee, which in Florida is $15,000. Most other states require a similar amount. If your application is deemed complete, then a decision will be given within 180 days. If your charter is granted, you will usually have up to one year to open your bank. In all states, you are required to apply for deposit insurance with the FDIC before you can accept deposits from the public. |
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| Jan 9th 2008, 09:08 lex Fitzcarraldo |
Re: Paris, Paris and more Paris | |
| well, i am not sure what we are going to do, but i know we are going to do SOMETHING. i cant get enough info this far away, but from what i understand is they have a problem with it being a bank that is server through an atm and paying interest to the participants if this is the case, then we go from being a bank to being an investment company, using alts for the account information and deposits, instead of interest, we pay out dividends sort of like bonds. like i said there are a lot of possibilities, and from the price drops all i can say is that some people are losing money by being scared....tnw has been here, will be here period! it may mean that all deposits and withdrawels be performed via a 3rd party website, which i am capable of managing. so everyone on ALL of the trading needs to stop being afraid, i know that i am going to do everything that i have to do to make sure we dont go anywhere, and i am sure arbitage and his team are busting their asses to come up with a solution that will work for everyone Lex |
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| Jan 9th 2008, 09:11 lex Fitzcarraldo |
Re: Paris, Paris and more Paris | |
| btw, contracts were signed today, and i am VERY proud and excited that i will be coming home with a check for 40,000 euros, to be used to set up tnwb, and to inject some apparantly much needed capitol to other companys on capex as well as to further the studies and work on the tnw grid! we DID IT!!!!!!! Lex |
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| Jan 9th 2008, 09:54 Enky Nakamura |
Re: Paris, Paris and more Paris | |
| Great News Lex, 40k euros are more then 16 million lindens!! BTW again good job and we will wait you come back for an official announcement disclosing all the details on 12 january! Thanks again for your efforts! Enky |
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| Jan 9th 2008, 11:32 Yanik Lytton |
Re: Paris, Paris and more Paris | |
| Congrats lex!! |
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| Jan 9th 2008, 16:03 Alokin Camel |
Re: Paris, Paris and more Paris | |
| Hi.. any comments on the recient downfall...? I'm traying to learn the laws of stock trading... so if you would be so kind to help me... thank you. |
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