Re: [s-d] [s-b] Black motion

[Jay Campbell <bnomic@xxxxxxxxxxxxxxx>]

Black is the only corp generating macks right now. If nobody else wants 
a piece of that, I'll bid low.

Or maybe you're just trying to depress the market pre-auction...


Tyler wrote:
> I only know of one reason somebody would want black socks. And it isn't a
> particularly useful one.
>
> Black Socks don't get you into the Corporation. They can't be sold back to
> the Corporation. They aren't even a prerequisite for being a VS in the
> Corporation. In fact, if I were short on mack, I'd probably sell my Sock
> pretty cheap right now.
>
> Maybe in some distant day we will once again assign a purpose to Black
> Socks. And then I'll be wishing I still had one. Until then, I want people
> to be clear on what they're buying into.
>
> On Fri, Nov 14, 2008 at 11:16 PM, Craig Daniel <teucer@xxxxxxxxx> wrote:
>
>   
>> On Fri, Nov 14, 2008 at 10:58 PM, Jay Campbell <bnomic@xxxxxxxxxxxxxxx>
>> wrote:
>>     
>>> I post this motion to Black Corporation and vote YES {
>>>
>>> ADJUST the issue price of Black Socks to m1000.
>>> ISSUE ten Black Socks.
>>> AUTHORIZE the Officers to conduct a dutch auction {{
>>>
>>> Players have 48 hours from the enactment of this motion to post a bid to
>>> the public forum for one or more Black Socks. The minimum bid is m50.
>>> The ten highest bids win. In the case of tie amounts and insufficient
>>> Socks, the earliest bidder at that price wins.
>>>
>>> Upon winning players transferring their high bid amounts to this
>>> Corporation, transfer the appropriate number of Black Socks to that
>>> player. Transfer the auction proceeds to a Black Sockholder chosen by
>>> the random dice server.
>>>
>>> }}
>>>       
>> That's actually a standard auction. A Dutch auction would involve the
>> price starting at something unreasonably and going steadily down
>> (usually at a fixed or at least predetermined rate) until somebody
>> announces that they are buying.
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>>
>>     
>
>
>
>   

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