3 ms·
hrm. Reread the website and I think you'll find it's very much not stock in the normal sense of the word. And they're very clear that you can't make a profit fr
by thesausageking 5y ago
hrm. Reread the website and I think you'll find it's very much not stock in the normal sense of the word. And they're very clear that you can't make a profit from it (you can't even sell it) and it doesn't given any ownership:
>Common stock does not constitute an investment in “stock” in the common sense of the term. Purchasers should not purchase common stock with the purpose of making a profit.
> You cannot sell, assign or otherwise transfer shares of Common Stock to a third party, except that you may transfer shares to an “immediate family” member by gift or in the event of death. “Immediate family” is defined as the spouse, children, mother, father, brothers, sisters, or any lineal descendent of a shareholder.
- gbear605 5y agoI agree that it’s not stock in the traditional sense, but neither of the people in the chain above me seemed to think so. Just because it’s not-for-profit doesn’t mean that it can’t sell for a lot (people buy team merch for a lot more) and the vote seems to mean something even if not much.