I want to help get some more engagement from the players, so I thought I could sell some shares of a couple companies that actually make a profit.
Love Shack Inc. owns a 2-story apartment complex on the sunny coast of Los Angeles and will pay dividends once per week on its profits.
We'll start shares at $4.00 for 10 shares. That's only 40 cents per share, but for simplicity I'm selling blocks of 10. There will be a cap of 500 shares for a single player.
If you're interested, just send a message with how many shares you'd like to buy, and I'll create a trade request.
Dividends will be whatever profits the company makes. Right now we have 8 renters paying $1.50 /day. The taxes are $10.00 /day. So dividends would be $14.00 /week. However, if the number of renters grows, it could be up to 10x that amount at the current rental price.
If anyone is wondering about the price I came up with, I based it on the cost to build an equivalent 2-story apartment. The net worth calculations do not consider the value of 60,000 kg of cement and 60,000 kw of electricity.
