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Fame, Power and MONEY!

+7
cj bugayong2005
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Admin
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Fame, Power and MONEY! Empty Fame, Power and MONEY!

Post  michaeljohnesplago08 Sun Mar 29, 2009 8:08 pm

Dux, we have a lot of plans and visions for the society, institution and the union however this three above has to be considered... as of now we lack sa money generating matters simply because this is a delicate one... that is why unofficially i would like to ask your collective ideas on the first business venture the society would engage to... any ideas...?
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Fame, Power and MONEY! Empty Corporate Restrictions

Post  Admin Tue Mar 31, 2009 5:18 pm

i would like to ask your collective ideas on the first business venture the society would engage to...

Generation of funds, other than being a sensitive issue, have restrictions based on our Corporate classification.

We are registered as non-profit corporation. With this certificate, we are not authorize to undertake business activities requiring a Secondary License from SEC such as, but not limited to acting as: broker or dealer in securities, government securities eligible dealer (GSED), investment adviser of an investment company, close-end or open-end investment company, investment house, transfer agent, commodity/financial futures exchange/broker/merchant, financing company, pre-need plan issuer, general agent in pre-need plans and time shares/club shares/membership certificates issuers or seeling agents thereof. Neither does our certificate constitute as permit to undertake activities for which other government agencies require a license or permit.

with this restrictions, we cannot conduct business for "gains" unless we reclassify our Certificate as a Stock Corporation.

for your guidance.

fair winds,
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Post  Edel Reniedo-Kutukovs 06 Thu Apr 02, 2009 12:08 am

i am suppose to tell the same idea po.. i just don't know how to put it to words Smile

buti po nabanggit nyo Smile
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Post  be_tayko08 Thu Apr 02, 2009 9:33 am

Hmmm malalim,
pero copy Admin.

10-4.
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Post  michaeljohnesplago08 Thu Apr 02, 2009 9:44 pm

noted sir
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Post  rb_federico_06 Fri Apr 03, 2009 1:37 pm

supported ko lahat ng steps ng alumni hehehe.. dapat we start with a blast booom!
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Post  be_tayko08 Fri Apr 03, 2009 5:01 pm

if its for the good.. GO!
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Fame, Power and MONEY! Empty Conducting Business

Post  Admin Sat Apr 04, 2009 9:10 am

For additional clarification...

though we are not authorized to conduct any business requiring secondary license, we are allowed to conduct "activities" that will raise funds.

the way i understand it, we can conduct fund-raising schemes but it must not be a "regular business procedure".

fair winds,
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Post  apachecha03 Fri Apr 10, 2009 1:32 pm

read and understood..
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Post  cj bugayong2005 Fri Apr 17, 2009 10:33 am

got it
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Post  daNiel ma' RopET's '03 Wed Apr 29, 2009 8:08 pm

ahhh, okiy bounce confused
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Post  klenstonedeocampo05 Fri Jun 19, 2009 9:47 am

since na ung mga tga MAAP eh ngklat na sa lhat ng shipping compny...
lets try to produce cover all and other
parapernalia used on board...

ano sa tingin nyo?
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Post  paez08 Mon Jun 22, 2009 7:55 pm

Good day sir/mam/dux,

I suggest that we can start a business by supplying needs for the midshipmen. The population of midshipmen now is growing-up, its a good opportunity to start with.

Have a nice day,
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Post  umayam_kap03 Wed Jul 01, 2009 4:05 pm

what a sad license we got here, if thats the kind of license we have then i think we need a new one thats authorise to practice our entreprenuerial skills to the society ofcors not as individual.

the society needs fund to grow. organising a fund raiser for busy alumni is not so worth it. as i have observe the society needs to be self sustained. independent, financially free?

here's my opinion:
1st we change that license.
2nd raise capital.
3rd we could use paez's idea, lets try to monopolies the fleets gear. we'll outsource a tailor that would pass our quality and control. something like this. but the society will not produce souvenir items or other than the midshipmans gears. leave this for the ruling class or classes trying to raise their class fund.

theirs more but for awhile try to consider this.

lastly mr. admin. what happen to the company spirit thing?

peace and prosperity
adam03
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