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Welcome Guest - Login / Register Forum - Misc - We need a new CEO - I vote for Marc!

We need a new CEO - I vote for Marc!

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dguy
Traffic Value: $15,993.01608 Canada
1 like this post 1 people
14/06/2015 15:24
The TOS are not set in stone. They can be changed to accommodate the new direction
mriley
Traffic Value: $45,656.25089 United States
2 like this post 1 people
14/06/2015 15:30
Yes, but it's not easy, here's the full text (see text in Red):

Terms and Conditions
Shareholders

  • There are 500,000,000 (three hundred eighty million) user shares.
    Each share shall receive dividends of equal value and frequency.
  • Each share receives a cash dividend, paid one time each week, equal to $0.000000005 per $1 of new investment into the main "Traffic Value Investment". 'New Investment' being defined as 'traffic value investment' deposits since the announcement of the previous dividend.
  • In the event that a weekly dividend totals less than $0.000001 per share. It shall not be announced. And instead rolled over until the following week, or until such time that a dividend payment of at least $0.00001 per share is possible.
  • Share dividends paid are rounded down to 5 decimal places. With the difference rolled over (and paid) the following week (next dividend).
  • Dividends are paid to the username holding each share at the time the dividend is announced. If shares are sold prior to the dividend announcement, then any outstanding dividends will go to the new owner.
  • A "Majority Shareholder" is defined as a single username holding 50,000,000 shares or more.
  • A "Minority Shareholder" is defined as a single username holding between 1 and 49,999,999 shares.
  • Minority Shareholders (holding less than 50,000,000 shares) forfeit their rights to have any say in the direction and operation of this business, its staffing choices, product development or strategic decision making. They are simply holding shares for the explicit purpose of collecting weekly dividends. According to the structure of the MyTrafficValue system as presented in these terms and conditions. They are free to re-sell their shares, via the website marketplace at any time.
  • Majority shareholders shall create a separate, and legally binding, agreement between them. To allocate rolls and responsibilities for the direction, management and maintenance of the company, it's monetization portfolio and overall liquidity. And the official ownership of the Future Business Group Ltd holding corporation.
  • Majority shareholders, or those they delegate power to, are responsible for staffing choices, salaries and oversight.
  • Majority shareholders are NOT permitted to make any structural changes to MyTrafficValue, without first attaining 95% shareholder agreement. And additionally, 95% agreement from all active traffic value investment units. (Active investment units are investments that have not yet received their full returns on investment)

MY TRAFFIC VALUE STRUCTURE CONCERNS ONLY:

  • Quantity of shares required to become a "majority shareholder"
  • Percentage of website revenues, derived from monetization products funded by user-investments, after costs, that repay "traffic value investors"
  • The fixed return on investment percentage that 'main traffic value investors' receive.
  • The division of funds from any new "traffic value investments".
  • The frequency and value of shareholder cash dividends.
  • The "round reset time" of the main Traffic Value Investment. Currently set at 96hours.


  • When attempting to attain 95% shareholder + active investor 'agreement' to any proposed changes, reasonable efforts shall be made to communicate with those people. To include:


  • A mass email, instructing users how they may disagree with such a proposal.
  • An account login notification message, instructing users about the proposed changes and how they may disagree with them.
  • At least 30days for users to respond to the above two means of communication.
  • Users that fail to respond within 30days, will be declared as in agreement with the proposed changes.


  • Majority shareholders are permitted to 'split shares'. Where the sum and ownership of the new shares exactly equal the previous value and ownership. ie. Shares are split. 1 share of 0.000005% becomes 2 shares of 0.0000025%.
  • All shares must be bought and sold via the marketplace. With the cheapest shares being purchased prior to any shares of a higher value. And the high bids accepted before any of the cheaper ones.
  • Any shares purchased / transferred fraudulently will be seized, and either returned to their previous owner, or resold to cover any costs involved with the fraud. The proceeds of any re-sale will go back to "daily pay result" that absorbed the initial loss incurred by the fraud.
  • Successful share sales incur a 0.25% transfer fee, deducted from the amount the seller receives. This fee is one of the monetization revenues of the website. And subsequently goes to repaying active "Daily Pay" investors. Subsequently serving as a financial counter-weight to any potential fraudulent share sales.
Catt
Traffic Value: $1,193.5857 Brazil
12 like this post 3 people
14/06/2015 15:30
@vecors
*I* didnt say he is leaving HE did

quoting

"Jo - Administrator
Traffic Value: $8,649,585.93592 Spain
Like1 like this post Disagree18 people

14/06/2015 12:18Edit | Delete
1. This business has been running without me for the last few months. The platform is now self sustaining and you can take it forward however you like.
The programmers and support staff are there. Carlos is dedicated as ever. You'll be fine.

2. There are too many rules with investing. There's virtually no scope for creativity or improving the process. Crowd funding can be done, with strict rules and limitations. But our communal portfolio with rolling ownership and continually paying different benefactors etc is beyond the scope of any legal system.

3. The banks are so concerned with money laundering etc, that they just block everything.

4. Mtv is the problem right now. Paidverts is a legit business. But every background check brings up the ugly image of mtv. And that prevents pv from doing things it'd otherwise be able to do.

5. Everyone i talk to is basically planning to change mtv into some pure crowd funding / regular investment thing. But in doing so they're destroying the entire concept / point behind what we're doing and it's crowd security and time saving advantages. And that i have little interest in.

...

I think I'll likely sell the majority of my position. Let Carlos and whoever else take this business forwards as they see fit.

I'll take some time off, then begin thinking about some other ideas i have."
passivetools
Traffic Value: $30,993.31104 United States
21 like this post 1 people
14/06/2015 15:43
Marc.

Success driven.
A natural leader.

I vote for Marc!
Wjesiu
Traffic Value: $20,936.72553 Poland
7 like this post 0 people
14/06/2015 15:46
Is jo still getting paid those 3000$ every month for doing nothing good for the company?
If yes, I hope it will stop after he 'retires'.

Not to mention him being default referrer for new accounts.
MikeMazzone
Traffic Value: $1,181,925.44366 United States
5 like this post 13 people
14/06/2015 15:55
Everyone i talk to is basically planning to change mtv into some pure crowd funding / regular investment thing. But in doing so they're destroying the entire concept / point behind what we're doing and it's crowd security and time saving advantages. And that i have little interest in.


Well Jo hasn't talked to me for a while, but I don't want to destroy the entire concept/point behind mtv.  My major plan was to get credit cards accepted at paidverts and make bank account records for paidverts ads credit card purchase deposits transparent via facebook.  He was really interested in this when I set it up.


I wonder if I sold 11 million shares to Jo at $0.0025 if he would turn around and sell 40 million shares to me at a bid I would place at $0.0005.  Then I would still make majority shareholder.


I won't do this without any confirmation from Jo that he wants me to be the next majority shareholder.  I'm the only one I know of who has registered the name Future Business Group Ltd outside of New Zealand.


Jo didn't accept my last low bid, but I think he would take mine, because I would not want to sacrifice the greatness of mtv for the sake of paidverts.  


I don't think Marc would be good CEO.  He was one of the first members to ever be banned from posting on the forums a couple years ago.
roidz
Traffic Value: $24,334.30701 Italy
10 like this post 0 people
14/06/2015 15:59
a forum ban means nothing wink 
hlrive
Traffic Value: $384.50396 United States
0 like this post 2 people
14/06/2015 16:00
@ MikeMazzone


I think I would love seeing you in there, and where you are from the US I would have a bit more faith in you then someone from maybe China, or God only knows where. Also you most likely would know how to make the site legal for the US.
subhajit95
Traffic Value: $6,854.66221 India
3 like this post 1 people
14/06/2015 16:01
I am also vote for mark,
I have a request for JO, that please stop this trade which effect the market badly, persons who was made a investment before swap please think about them, what will be the condition when they look the share price 0.006 or 0.005,
and swap price was 0.30, it's too much, normally we know the price should be 0.03 to 0.05, and we also know the cause that it is so low, and one more thing, Jo, you want to leave this business, ok, but why you sell your shares in so low price, if you wait and will sell your shares slowly by 10k to 20k and in more higher price then you make more and more profit, why you act like a child,

thank you catt, for opening this topic,
love people, they will love you too.
Catt
Traffic Value: $1,193.5857 Brazil
14 like this post 0 people
14/06/2015 16:03
From slosumo´s daily news the0 decision has been made
I am glad I said Marc´s name smile
SAnyone
Traffic Value: $65.31824 Colombia
1 like this post 0 people
14/06/2015 16:06
I'm curiously okay with MarcDeKoning taking the spot.
hlrive
Traffic Value: $384.50396 United States
2 like this post 0 people
14/06/2015 16:08
@ Catt

You were spot on. Next round Mike LOL
DAngel1991
Traffic Value: $402.25802 Macedonia
9 like this post 0 people
14/06/2015 16:12
@MikeMazzone

"I don't think Marc would be good CEO.  He was one of the first members to ever be banned from posting on the forums a couple years ago."

That's just so childish of you... 
dguy
Traffic Value: $15,993.01608 Canada
7 like this post 0 people
14/06/2015 16:17
Jo didn't accept my last low bid, but I think he would take mine, because I would not want to sacrifice the greatness of mtv for the sake of paidverts.  


What exactly does this mean? If you haven't been paying attention, PV is what has brought us to this level. Most people are here because they want to make money on clicking ads. This is what bothers me about Mike's vision is his lack of respect for what actually makes money around here
BestGames
Traffic Value: $613.52616 Poland
1 like this post 0 people
14/06/2015 16:22
MarcdeKoning is now buying.
I think he is only doing day-trading. Nothing wrong short-term games.
MarcdeKoning 60,355 $0.0079
rbaprasanna
Traffic Value: $414.81556 Sri Lanka
1 like this post 0 people
14/06/2015 16:27
What did jo tell to you all ? Where is it? Can anyone give link of that comment?
Catt
Traffic Value: $1,193.5857 Brazil
2 like this post 0 people
14/06/2015 16:28
look at the whole topic, I have copied and pasted it in an earlier msg
mackenz132
Traffic Value: $1,252.14146 Spain
0 like this post 0 people
14/06/2015 16:28
Where jo says he leave? I was unaware of the forum lately
Catt
Traffic Value: $1,193.5857 Brazil
0 like this post 0 people
14/06/2015 16:30
again, read the whole topic, his msg is about 5 or 6 msgs behind
danky
Traffic Value: $6,580.40645 United States
8 like this post 0 people
14/06/2015 16:32
Marc > Mazzone anyday.

Marc had similar issues with the way Jo was handling/running things that most of us also had while Mike just made koolaid for everyone.

My vote is for Marc. 

I love how Jo screwed over all of us though. One minute he's touting how we're all going to make so much money in the future (Making us feel comfortable with investing more), and then he tells us he's going to sell shares to buy up more at a lower price, and now he's selling all to get out.

So basically he lied to all of us (Except for maybe a few in the know).  He's been bsing us since last year and that's when I really debated leaving this place because all he cared about was himself, and his green, and filling his pockets with as much $$ as possible. Good job Jo, a true stand up guy. (laugh)
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