Fame, Power and MONEY!

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...?

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,
admin/pres

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

buti po nabanggit nyo

Hmmm malalim,
pero copy Admin.

10-4.

noted sir

supported ko lahat ng steps ng alumni hehehe.. dapat we start with a blast booom!

if its for the good.. GO!

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,
admin/pres

read and understood..

got it

ahhh, okiy

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?

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,

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