Greenwin Network Update – 26 May 2011
Stakeholders: You can go to the equity section of your back office and click on the link SHARES which you will see in the left navigation menu underneath MY EQUITY.
Read and follow the instructions. Download the form, complete it fully and correctly then send it to the address or fax number you will see on the form.
We will post further info for stakeholders waiting for the managed service. This will be for stakeholders who do not or cannot open a share delaing service with a bank or broker.
Shares: Each PEP will initially be converted into 10 shares in GreenWin Corp which is registered and listed in Sweden. This initial leveraging of PEPs to shares will already generate a windfall equity profit for stakeholders.
The initial share values are expected to rise quickly as the services are deployed and a demand for the shares increases. It is demand for the shares that increases their value. Please keep in mind that no one can predict when share prices will rise or fall or what value they will have at any given time. This is the nature of speculative investing in any company. But the probability is that the share price WILL increase and as it does so (not guaranteed) you will, as a shareholder, have the option to sell some or all of your shares and to take the profit being generated. Or you may opt to take along term view to enjoy potential future dividneds and large increases in the share value as GWC continues to grow.
The share value will change often and can fall as well as rise. The daily price is quoted via Euro clear and can be checked via your bank or broker online share dealing service.
Thank you.
PEPs: Many stakeholders have asked for an extension of the purchase cut off date which was due end of May. We will extend the purchase of PEPs including the matching bonus into june.
You can still purchase the last remaining PEPs.
10 to 499 PEPs has a 25% matching bonus
500+ PEP has a 50% matching bonus.
Services: We expect to complete the transition of stakeholders to shareholders in the parent company GreenWin Corp during June. As this process is completed GreenWin Corp will release MobiPortal, Messenger and the Webinar / online meeting system to be promoted via the GWN affiliate program.
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May 26th, 2011 at 5:38 pm
When I look at this form, would a bank notary be sufficient? This is a form to confirm idenity for tax purposes, both of your country of origin and the Swedish government. Because of all income from sales of stock and dividends must be reported by Euro Clear.
That said for all PEP owners, very important to know your cost basis. If you cash out after conversion, You take the sale – cost basis = profit or loss
May 26th, 2011 at 6:41 pm
Looks like we’re moving in the right direction.
May 26th, 2011 at 7:41 pm
How many of you will be using A BANK /BROKER SERVICE? How many of you will be WAITING FOR INFO ON A MANAGED ACCOUNT in the next update?
May 26th, 2011 at 8:41 pm
take a look in malcolm blog,what guys are saying about that last info
May 26th, 2011 at 9:07 pm
disscusion from 18.05
May 27th, 2011 at 12:15 am
Paolo, can you post Malcolm’s comment on this site? I don’t have Malcolm’s blog.
May 27th, 2011 at 12:34 am
I found old post on steven blog.Official telecos launch will be 18 june 2010,Really f look old post and comments ,it is very interesting
May 27th, 2011 at 4:07 am
I’ve got someone from Merrill Lynch looking into it. There were four US brokerage firms that I know of that deal with EuroClear. Wells Fargo, Charles Schwab, Merrill Lynch and Morgan Keegan.
May 27th, 2011 at 6:39 pm
Steven, are you going to use a Bank/Broker Service and wait for GW’s info on a managed account? Will that info be ready before June 30th which is the cut-off date?
May 27th, 2011 at 7:05 pm
@Clarence: I have a month to decide but I have my accountant doing some research for me.
May 27th, 2011 at 7:31 pm
I have to wait until they set up the managed accounts through GWC. My bank doesn’t have managed services for Sweden.
May 27th, 2011 at 8:09 pm
I too would prefer Managed Account Services through GWC.
GWC staff will support us buying /selling and disbursement of dividends etc.
May 27th, 2011 at 9:32 pm
Steven, please keep me posted on what your Accountant advices.
May 27th, 2011 at 11:15 pm
Yep, managed account GWC. But we are many, they might give a discount ???
May 28th, 2011 at 1:10 am
I bank with BBVA COMPASS. They are Headquartered in Spain, but have branches throughout the U.S. (don’t know about other countries). We had no problem setting up my brokerage account and submitting the GWC form. Now I’m simply waiting for GWC and Euroclear Sweden to do their things, and I’ll be good to go. I will keep you informed on the progress/process. Good luck to all, and for the sound of it, seems like most are not setting up their accounts and will await the other option. If this is the case, then mine shouldn’t take very long.
I will give you some of the insight my bank’s broker gave me: 1. Since these are ‘new issue’ stock, there is what they call a cooling period, ususally 60-90 days. But after the cooling period, the option to margin up to 50% of the value of the stock to buy more stock will be there. 2. The value of the stock can be used as collateral toward more standard consumer loans, like car loan or even mortgage.
This is something to consider, if you have those type of plans, long-term. A bank can help you use the leverage and power of your stock portfolio!
May 28th, 2011 at 2:02 pm
Maxedher, did your bank broker recognize the GWC form? What was the process?
May 28th, 2011 at 2:09 pm
I wouldn’t say he recognized the form, but the info required by the form was pretty much standard and straight ahead. The form is actually info that GWC needs so they can submit it to Euroclear. He didn’t balk at anything, and no ‘red flags’ went up. It’s all information that would be needed to be submitted to any brokerage for receiving stock from a company.
May 28th, 2011 at 2:35 pm
Was there a fee charged? I wonder what would be the difference if using the GW managed account?
May 28th, 2011 at 4:34 pm
I already have my checking and savings accounts with them, so there was no fee. I also found out that with a broker account, regardless of how much money you earn or transfer, at least here in the U.S., we don’t have to worry about the taxman until the end of each year. The broker simply gives you a 1099 for the earnings. Under the old dividend payout through Alertpay method, you would have to watch how much you withdraw, because at $10,000USD the IRS gets an alert. I don’t know how GWC’s managed account will work or how they’ll handle payouts, but these are things to keep in mind. As I said, I already deal with my bank, so my money was going to end up there anyway. This just makes it easier for me.
May 28th, 2011 at 6:46 pm
@ Max
Compass is one of the leading banks in Alabama, where I use to live. Big downtown branch in Birmingham and Mobile. My brokeage account was with one of their main competitors, AmSouth, which is now Regions. Compass does not operate in Miss. Region’s does. Region’s investment firm is Morgan Keegan, which is where I think my old broker now works. Couldn’t get in touch with him Thursday. Went instead to Merrill Lynch and they have some one looking at it.
With the old post from Poorman from March, breaking down Franzen’s 12 holdings in Sweden, I have more info to share with the broker..In fact if you yahoo LQ Energy which is one Franzen’s companies, Poorman’s post and Steven’s blog comes up.
May 28th, 2011 at 7:27 pm
Couldn’t really make heads or tails of anything I just read about LQ Energy…don’t even know if I was reading the correct items. All I know is I’ve moved forward by setting up my brokerage account and will wait patiently for the shares to be placed into it. After that, I’ll be able to make even more moves.
May 28th, 2011 at 8:46 pm
hello i was wondering can someone tell me what the vp account number and the depot number are on the form what information do i put there i contacted support and they wont seem to help me even though this is greenwins own form
May 28th, 2011 at 10:49 pm
The VP ACCOUNT NUMBER is the account number your broker sets up for you, and the DEPOT NUMBER is your bank/broker designator number. GWC mistakenly used Scandinavian info., and a new form is going to be available hopefully monday. If anyone is moving forward with the current form, simply enter the info as I stated and all will be fine.
May 29th, 2011 at 12:43 am
thank you so much i was confused cause my broker didnt know what they were on the phone so anyway did greenwin say there is a new form coming on monday?
May 29th, 2011 at 12:59 am
HOPEFULLY on Monday, is what Chris said. They are aware of the error, but now that we know what numbers go into those spaces on the form, there’s no need to wait for a new form. Proceed!
May 29th, 2011 at 5:51 am
What does AB stand for…?
Aktiebolag (literally “share company” or “stock company”) is the Swedish term for “limited company” or “corporation”. When used in company names, it is abbreviated “AB” (roughly equivalent to the abbreviationsLtd and PLC). The governmental authority responsible for registration of limited companies in Sweden is called Bolagsverket (the Swedish Companies Registration Office).
Swedish aktiebolag are divided into two categories: private limited companies and public limited companies. A public limited company (publikt aktiebolag) is legally denoted as “AB (publ)”. It must have a minimum share capital of 500,000 Swedish kronor[1] and its shares can be offered to the general public on the stock market. The suffix “(publ)” is sometimes omitted in texts of an informal nature, but according to the Swedish Companies Registration Office, “the name of a public limited company must be mentioned with the term (publ) after the business name in the articles of association and elsewhere”, unless it is clearly understood from the company’s business name that the company is a public limited company.[1]
For a private limited company (privat aktiebolag), the minimum share capital is 50,000 Swedish kronor. The company name of a private limited company may not contain the word ‘publikt’ (public) and the name of a public limited company may not contain the word ‘privat’ (private).[1]
The main Swedish statutes regulating limited companies are The Companies Act (Aktiebolagslagen (ABL) 2005:551) and The Limited Companies Ordinance (Aktiebolagsförordningen 2005:559). The law provisions in ABL stipulate that parent companies and subsidiaries are separate legal persons and legal entities.[2]
The abbreviation AB is seen in company names such as IFS AB, Lavasoft AB, MySQL AB, Scania AB andSaab (Svenska Aeroplan AB).
In Sweden, the abbreviation is written in capital letters (“AB”), but in Finland it is written with a capital “A” and a small “b” (“Ab”).
May 29th, 2011 at 5:56 am
Greenwin Corp. AB is registered with Bolagsverket (the Swedish Companies Registration Office). Bolagsverket is a governmental authority responsible for registration of limited companies in Sweden.
You can find out the details by visiting the website and entering the Organisation No. given below:
GreenWin Corp.AB: Org.number: 556845-4705
Swedish Companies Registration Office:
http://www.bolagsverket.se/in_english/index.html
May 29th, 2011 at 2:42 pm
We’ve already had this information, why the repeat?
May 29th, 2011 at 11:10 pm
Hi,
the right one to fill the for is how?
Your 1st name Rick OR Your 1st name below ??
Anybody from portugal also?
Regards to all
Rick
May 30th, 2011 at 12:29 pm
Hi,
the right way to fill the form is how?
Your 1st name Rick OR Your 1st name the you name below ??
Anybody from portugal also?
Regards to all
Rick
May 31st, 2011 at 10:23 am
Hi,
any update about the new form?
Regards
Rick
May 31st, 2011 at 4:11 pm
To All,
Is something worthwhile still going to happen with GWC or is it a dead horse ??
May 31st, 2011 at 7:00 pm
Hopefully with a few kicks we can get the horse off its arse
May 31st, 2011 at 8:25 pm
Mike. looks like you’ve got some catching up to do. Just read all the comments from May 26th and you’re up to speed.
May 31st, 2011 at 9:46 pm
now i cant seem to find a broker who will accept these shares im in chicago , illinois and i went to chase bank ,charles schwab, and merryl lynch all of which will offer me nothing does anyone have any contact numbers or places to get a brokerage account where they know euroclear or advice of maybe what to ask for cause im really lost as to where i will be able to claim these shares
May 31st, 2011 at 9:49 pm
My biz partner in Chicago, this morning, said Citibank will let you set up a brokerage account online. He hasn’t done it yet, but that may be a way to go. I guess you’d have to have a savings/checking account with them.
May 31st, 2011 at 10:20 pm
@Nicholas
@Max
The key I’ve found is to have a previous relationship. Merrill Lynch pretty much passed on it..having not worked with me before…Morgan Keegan, because I had an IRA account with them, did express an interest in pursuing it. It also helps that Regions Bank and Compass Bank are big competitors in Alabama and the south.
May 31st, 2011 at 10:24 pm
Yes, that makes a big difference. In fact, this whole thing with Greenwin had an impact on why I chose Compass Bank, since they’re a European-based bank. There are also several online brokerages that delve into the Swedish stock market, so using one of those is also an option. I expect to see my shares in my account soon, and I’ll definitely let everyone know immediately.
May 31st, 2011 at 11:06 pm
i have been recomended to use a online brokerage based in europe my question is has anyone done this and if so what is the site address to it
because i have no idea about european brokerages and their names and the reputation assocaited to a particular place .
May 31st, 2011 at 11:15 pm
In checking out online brokerages, a few questions/points came to my mind -
1. Does investor A have enough shares coming to warrant setting up an account?
2. Would investor A be better of utilizing GWC’s managed account?
3. Does investor A intend on making enough trades to meet the requirements of an online brokerage account?
I have many in my network who have below 100 PEPs, so with the conversion they’ll have less than 1000 Shares. I’ve recommended they just wait and use GWC’s managed account. If there is another conversion, or once there are stock splits, a brokerage account can be set up at that time, when there are enough shares and GWC has gained some ground in the market. If investor A has more than 100 PEPs, then I would recommend spending an hour or two to investigate the different online brokerages, via independent reviewers online.
May 31st, 2011 at 11:56 pm
Clarence, thx.
To all,
Is it correct to state that the sale of GWN will only become effective once all the PEP holders have completed the conversion form and faxed or posted it to GWC Corp. AB. If they have not done that, their PEPs/Shares automatically fall into the GW managed account and they have to deal with GWN Corp. AB. brokers ??
In my opinion it would be better to have an independent person, apart from GW manage the shares or investment.
Lets wait and see what options the GW managed account gives us. Perhaps it will be revealed in some update in the near future, hopefully.
June 1st, 2011 at 12:03 am
My understanding, through emails with GWC, is the sale of GWN has taken place. The dividends are not going to be held up waiting for everyone to have their accounts set up. Once you’ve done your part, your shares will be placed into your account and then your share of dividends will be disbursed to you.
June 1st, 2011 at 12:15 am
Thx Max.
Could you please let us know if your dividends do appear in your new account tomorrow or soon.
June 1st, 2011 at 12:17 am
I doubt if it will be tomorrow, though it would be nice, lol. Of course, I’ll post the progress of my account.
June 1st, 2011 at 12:41 am
I hope they fall all over themselves when they see me coming with a possible 600,000 shares. WOOHOO!!!!!!!!!!!
June 1st, 2011 at 12:50 am
My bank and broker did! It’s amazing how well they treat you when they smell money, lol
June 1st, 2011 at 1:55 am
Just found out that BBVA Compass (the U.S. branches) use PERSHING, LLC. out of New Jersey as their share dealing custodian. I don’t know if that means one can set an account up with them individually, but it may be worth checking into.
June 1st, 2011 at 7:57 pm
I’ve heard of them, One of my old brokers used them back in the day
June 2nd, 2011 at 2:34 pm
Done, alread send the fax, lets wait.
Good Luck to all
Rick
June 2nd, 2011 at 10:05 pm
hello i talked to my broker at scottrade and they dont know what the depot or broker designator number would be they gave me a 4 digit dtc code for them at scottrade so im not sure if this would be a depot number or is the depot number longer then this?
June 3rd, 2011 at 12:52 am
That is the correct number, Nicholas
June 3rd, 2011 at 1:30 pm
To all,
Is GreenWin Corp really a listed company, as I cannot find it listed in whoisbussinesslistings.com ??
Maybe someone else has more in depth information on this. Please inform and share. Thanks
June 3rd, 2011 at 4:34 pm
You do realize that Whoisbusinesslistings.com deals strictly with web domain listings, don’t you?
June 3rd, 2011 at 4:50 pm
Max thanks.
According to this update it is registered and listed in Sweden. So I looked for it there and could not find anything. At least I thought I could find something of relevance there. Nothing.
Quote from the this update:
“GreenWin Corp which is registered and listed in Sweden. This initial leveraging of PEPs to shares will already generate a windfall equity profit for stakeholders.”
Max, would you perhaps know the domain name ??
June 3rd, 2011 at 4:55 pm
Greenwin Corp AB is registered in Sweden, just not on the stock exchange just yet. Private corporations are not automatically placed on a stock exchange, and they don’t have to be in order to sell stock. I don’t know exactly what it is you’re looking for or expecting to find, but there is nothing abnormal about any of this. I am partners in a corporation myself, but we’re private and sell shares of stock privately, to select investors. And we’re not listed on an exchange. You may want to simply read up on the concept of stocks and shares, and that may put your mind at ease.
June 4th, 2011 at 1:54 pm
No update this week?
Where are the commissions?
June 5th, 2011 at 10:10 am
There won’t be any dividends or commissions untill all of the peps have been converted to shares and the company actively starts to sell merchandise and services. Don’t so impatient Makarena. I waited over 3 1/2 years a few more weeks won’t kill me or you!
June 5th, 2011 at 10:19 am
Makerena – for many of us who have not yet registered it is important to hear from CF re their Managed Services Account so that we may consider this as an alternative to approaching a bank or stockbroker. Also would be useful to hear from anyone who has already registered what the costs are that we may expect ie including tax. Judging from past posts my understanding is that we may be taxed both in Sweden as well as our own country? Then there is brokering costs etc?
The costs are important to know as their are many Greenwin user who only have 73Peps and for them it may not be worthwhile, just yet, to register – perhaps there will be an option to accumulate the dividends some where untill there is sufficient to transact a payment? – does anyone know if this would be possible?
By the way Maxedher, your input, as usaual, is of great value to those of us who are walking this path for the first time.
June 5th, 2011 at 5:08 pm
Firstly, Sir Malachi, your information is incorrect. Each person’s dividends will be given issued to them once their account has been credited with their shares. The process is not dependent on everyone getting their ‘act’ together.
Secondly, as far as costs go, each situation will be different. My bank didn’t charge me anything to set up my account. They simply have transaction fees.
Thirdly, regarding taxes, yes it will be a double-edged sword. Sweden will more than likely take their taxes immediately from each time you earn a dividend, and I can only speak for U.S. taxes, and we’ll will be issued a 1099 form at the end of the year.
Fourthly, I’ve advised those in my network who have less than 100 PEPs to use GWC’s managed account, at least until the 1st stock split (which is inevitable once things really get under way). I have also suggested to those same people that their emphasis should be building their network, so they have a decent daily/weekly commission income they can immediately draw from. Some of those commissions should be used to buy the stock shares, since they were so hesitant to buy PEPs. Perhaps GWC will even offer a ‘dividend reinvestment program’.
June 5th, 2011 at 8:10 pm
All I can say is that GWC better speed up their managed accounts access. There are only 25 days left.
June 5th, 2011 at 8:13 pm
Lol, perhaps you should email them that sentiment
June 5th, 2011 at 8:45 pm
That double taxation is BS, how come we only have to pay both taxes?
June 5th, 2011 at 8:51 pm
We who? I think anyone who doesn’t live in Sweden is going to have to deal with their country’s taxes as well as Sweden’s. That’s the price of earning money from a foreign country. I, myself, would much rather have that headache and have the extra source of income. Your 600,000 shares will make you enough money, so I’m sure you can find some happiness in that, right? lol
June 5th, 2011 at 9:00 pm
Yeah that’s true, I just need to know more about tax shelters and such. If the stock splits even just at 2 to 1 I’ll have over 1.2 million shares! Holy Cow!
June 5th, 2011 at 9:05 pm
Exactly, and those are GREAT problems to have, lol. Just make sure you don’t hire anyone on the shady side to handle your investments. They tend to create more headaches than you’ll need. Starting a small business and employing some people is a good move, and with some good quarterly dividends as a cushion, it’s pretty much a guarantee of success. That’s my plan, at least.
June 5th, 2011 at 9:12 pm
Sounds good to me, now how do I find a good investment/law firm?
June 5th, 2011 at 9:15 pm
A good rule is to find a firm that suits your own personal sentiment, meaning if you’re aggressive, find an aggressive firm. If you’re the type to worry and fret, go ultra conservative. Lots of research available of the major firms online. Even if you don’t have an investment account with your bank right now, eventually you probably should, and they’ll be able to help you too. Maybe you’ll only need an investment firm and a CPA….much less expensive than a law firm.
June 6th, 2011 at 2:59 pm
Hi Folks,
This email: http://scr.im/2ajn is for what if we can not send email asking nothing ??
DO NOT SEND EMAIL ASKING IF YOUR FORM HAS BEEN RECEIVED
DO NOT SEND EMAIL ASKING WHEN YOUR SHARES WILL BE CREDITED
DO NOT SEND EMAIL ASKING WHEN YOU CAN SELL / BUY SHARES
DO NOT SEND EMAIL REQUESTING SHARES BE TRANSFERRED TO ANOTHER MEMBER
DO NOT SEND EMAIL ASKING ABOUT A MANAGED ACCOUNT
DO NOT SEND EMAIL ASKING WHEN THINGS WILL HAPPEN.
I alread send the fax, how do i confirm they receive it, and if everthing is ok?
Best Regards
June 7th, 2011 at 6:53 am
Do we fill the form even if we do not have a broker ?
June 7th, 2011 at 2:52 pm
@Max. There are many who only have 75peps ex their annual fees. For these people it may not be financialy expedient to have their dividends paid out into their bank account just yet (after paying tax at both ends and a trans fee).
Based on your experience would they be able to leave their dividend payout in their account with Euro Clear until, in time, enough has accumulated to make it worth their while to have it paid out?
June 7th, 2011 at 4:55 pm
I would hate to give anyone the wrong info. Once things are set and in motion, each person will be able to discuss different options with Euroclear, and decide what works best for them. 75PEPs (750 shares) may not sound like much, but it really will be, as GWC grows. And as it grows, the dividend payouts will be much heftier than we’re looking at right now. When they get in the 5Euros and upward range, that’s a pretty tidy sum, even after the taxes.
June 7th, 2011 at 7:25 pm
I go with Brain 58.: Max’s input ion this forum/Blog/Chat room is (as always) a great help to any Newbie in the inventsment business.
Furthermore I go fully in accordance with Max in all his posts here:
Although living in Peru I still have my Bank account in Germany with the Deutsche Bank. I have my checkings account there, I had once a share depot for a short while and also a savings account. So setting up/reviving my share depot with them was absolutely no problem and had no cost involved either. As Germany’s biggest bank I just assume that they do have some business with EuroClear; my account manager told me with the “normal” information I have about my bank and account I can just go ahead and submit the form to GreenWin! “as is”. No mnetion though about the “VP” part of the form which apparently also is a kind of account and acc. to the pre-printed form starts wit “000″. Since I have already filled out, printed, signed and faxed the form to GreenWin! and going to mail it physically just right now on my way to lunch, I hope this not-filling-out of the “VP” number will create any problem. Will confirm again with my account manager in Hamburg tonight and then send a second/corrected form if needed.
Once again my appreciation to Maxedher who with his calmness and wisdom about the investment industry is a great asset to this community.
Good luck and a whole bunch full of money to all of us… also those that do NOT have 600,000 shares
June 7th, 2011 at 7:33 pm
Has anybody searched (in google) for GreenWin! using the information given above? I did and I get a different – but always the same! – address than indicated in the form!!!
The form says: 181 23 Lidingo
But on the google (map) search it appears to be 181 34 Liningö
I hope the mailman there will still find the correct house…
Maybe it’s because this “Position 1146″ is a P.O. Box and not a street address!?
June 7th, 2011 at 7:39 pm
Wow! I’m very flattered and appreciative of the nice compliments! I do feel we ARE a community, as we are all in the same boat as investors in GWC. Our actions not only can help and affect each other, but they will ultimately help and affect the networks we build. The investment world is very aggravating, yes, but it’s still where the ‘real’ money is. In the GWC scheme of things, there shouldn’t be any small shareholders, because they’re making many earning options available. Some will benefit most by stock shares, others by network building, and others in various combinations of tactics. If we all keep sharing our knowledge and experiences openly, we will all benefit. The key to it all, still, is patience and persistence!
I know it’s going to be hard for many to resist selling shares so they have short-term money, but if you CAN resist, do so! It will not take very long for the dividends to really start to make positive impacts on our finances. As Sqipper said, ‘Good luck and a whole bunch full of money to all of us!’
June 8th, 2011 at 3:34 am
Nice to read ALL the positive remarks this time around. Let’s hope it last.
June 8th, 2011 at 10:00 am
Max, are you (or anyone else with experience) able to give a view on: “Based on your experience would they be able to leave their dividend payout in their account with Euro Clear until, in time, enough has accumulated to make it worth their while to have it paid out?”
Many thanks
June 8th, 2011 at 10:39 am
I am still battling to find someone here in South Africa that can do the share form for me. I just notice that on the form they also say that if you do not have a bank or broker, to leave it blank? Can we send the form in like that? I am just afraid that they will ignore the form if everything is not completed. Any advice?
June 8th, 2011 at 11:34 am
Chris Weldon (post 69) also asked similar question…
Can anyone explain it please?
June 8th, 2011 at 12:30 pm
I sent support @ shareholders an email and asked them if they have an solution for us in SA because brokers here all want a minimum of R50 000 (PSG) up to R750 000 (RMBank) in an account before they will open an offshore account.
There are 2 options for us. 1. using the managed account where they will manage your shares with the companies, and pay your dividends in any bank account of choice 2. To open an account with an online broker in Europe which is free. They will post link of recommended broker with the next news update.
Hope this helps guys
June 8th, 2011 at 12:47 pm
Thanks Carla, appreciate the feedback.
June 8th, 2011 at 2:12 pm
Good morning, all! @Brianben65 – I’m pretty sure anyone can leave their dividends in the Euro Clear account. Euro Clear does very well by their clients, from what I’ve been able to find out about them. By the 1st ‘real’ dividends, there should be more than enough for anyone to withdraw and have it be profitable. These accounts are not really much different than any other bank account. You can do pretty much whatever suits your needs.
June 9th, 2011 at 8:15 pm
has anyone in SA thought of using their existing Netteller accounts for incoming payments since the accounts have been setup already?
June 9th, 2011 at 9:43 pm
People say that the launch is July 1. Anyone know anything?
June 9th, 2011 at 11:43 pm
Come on, we’ve finally gotten to where we are having calm and peaceful discourse here again. Is it really necessary to throw that bit of speculation out here? You say ‘people’….which people have said that? I’ve been in fairly constant conversation with CF himself and that has not ever been said.
June 9th, 2011 at 11:56 pm
Well, yesterday I was talking to the Pope and had not told anyone!!!
June 9th, 2011 at 11:58 pm
That still doesn’t answer the question – which people said the launch is July 1?
June 13th, 2011 at 5:15 pm
I am still waiting for the news regarding the “managed account”. Hope it will come.
June 13th, 2011 at 6:25 pm
Here is the latest response from Supprt:
Management will post an update this week and suggest an online broker.
If you do not have a broker or do not want to use a broker then please wait for a different form to be made available which will give GWC the power of attorney with the bank to manage your shares and act on your instructions
June 13th, 2011 at 9:08 pm
Hmmm, that actually sounds like a pretty good option.
June 13th, 2011 at 9:36 pm
I agree, Steven.
June 13th, 2011 at 11:11 pm
Yes, this option is going to be very convenient for all of us.
In fact, GWC will act as a broker on our behalf (without any service charge).
June 14th, 2011 at 4:47 am
I only hope they get it done this week. We are running out of time.
June 14th, 2011 at 5:57 am
Time had run out a long while ago, this is a salvage mission more than anything. Anyone heard about which group will be taking over GWN?
June 14th, 2011 at 1:52 pm
@Steven; I was now long time gone… Send me info (michi001) name of the GWN
thank you have a nice day Michael
June 16th, 2011 at 3:41 am
Sorry Michael. I did sent your info. Please let me know if you didn’t receive it.
June 17th, 2011 at 1:47 am
HMM No info for aprox 3 weeks. Getting Antsy $$$$
Hope you all have a good week.
Regards;
Bob.L.
Would like to see some $$ so we can all meet in Vegas the Bahamas or somewhere and have a Drink and a Dinner that we all deserve for 2-3 yrs waiting
June 17th, 2011 at 2:41 am
Has anyone realistically heard of a sale of a company that takes this long? Honest question as i dont know how long this should take.
June 17th, 2011 at 7:36 am
Can’t understand it either, that shares are being transferred, but sale has not been completed?
June 17th, 2011 at 12:46 pm
Hi Mariette,
Greenwin Corp. AB has total 220 000 000 shares with it.
They would continue the sale until it becomes IPO.
Here is my calculation:
GWN is sold out for 8 000 000 Euros. Just divide this figure by 220 000 000m you will get the divided of 0.035 Euros per share.
June 17th, 2011 at 1:59 pm
How you know GWN is sold out.Also thay told dividend will be.0.35,if they sell all GWN.If they sell part of GWN dividend will be smaller
I think like usuall we have question and no real answers
June 17th, 2011 at 4:34 pm
I am expecting an update today regarding the details of setting up an account.
June 17th, 2011 at 5:53 pm
Remember everyone GWN and CF said they would be converted to non-voting shares! So why do they need power of attorney?????
June 17th, 2011 at 7:40 pm
Some interesting stuff
http://www.slashgear.com/facebook-ipo-offering-could-top-100-billion-starts-this-autumn-13159059/
June 17th, 2011 at 9:33 pm
Update in the backoffice…
June 17th, 2011 at 9:58 pm
about time
June 17th, 2011 at 10:01 pm
download won’t work
June 18th, 2011 at 6:12 am
@Rajman, regarding your calculations in post #99 – Where did you get the figures for shares of stock and the final price tag on the sale of GWN? Also, did you calculate any legal fees (I’m sure lawyers were involved, and they usually get a hefty percentage)?