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Quote from: Emily on July 20, 2015, 17:53For a $20m base, you're still losing $10m. You'd be paying $10m for 30 days instead of $2m.Quote from: TheSandman on July 20, 2015, 10:43Yes, thank you.
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Quote from: TheSandman on July 20, 2015, 10:43Yes, thank you.
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Quote from: sardarji on July 20, 2015, 12:21Quote from: TheSandman on July 20, 2015, 10:43Still not exactly a "profit".
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Quote from: TheSandman on July 20, 2015, 10:43Still not exactly a "profit".
If you buy 30 days for 20m, then at the 29th day you sell it, and you get 10m back, you just got a base for 29/30 days, for half the price of 30 days. essentially a profit.
i think this is the way emily is seeing it.
Quote from: TheSandman on July 20, 2015, 05:47>Club funds at $22m
Being half, you would profit yes.
What if you make it a percentage of the 30 days left you get refunded.?
Quote from: Dobby on July 19, 2015, 21:55Guessing.Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.
Source?
Quote from: Emily on July 18, 2015, 23:13
It was rejected because if people sell when there are a few days left, they'd technically be profiting.
Quote from: Emily on July 19, 2015, 00:45You buy a base for 20 mil and then you have to pay 2 mil monthly. If i want to sell the base what's wrong in that? I bought the base in the first place.Quote from: Xero on July 18, 2015, 23:50It makes no sense to be able to sell the base before it expires and only lose 10m instead of the 20m you paid for the month. If I had a subscription to a monthly fee thing irl (phone, internet services, etc.), I wouldn't be able to cancel and get part of my initial deposit back when the monthly bill is about to arrive.Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.
I don't follow. You buy the base for 20m, then use it for a month, sell it 1 day before rent due, get 10m back and you profit from it how? No one person gets the money, the money goes back to the club funds not the founder. In fact now your out 10m.
Quote from: Xero on July 18, 2015, 23:50It makes no sense to be able to sell the base before it expires and only lose 10m instead of the 20m you paid for the month. If I had a subscription to a monthly fee thing irl (phone, internet services, etc.), I wouldn't be able to cancel and get part of my initial deposit back when the monthly bill is about to arrive.Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.
I don't follow. You buy the base for 20m, then use it for a month, sell it 1 day before rent due, get 10m back and you profit from it how? No one person gets the money, the money goes back to the club funds not the founder. In fact now your out 10m.
Quote from: Emily on July 18, 2015, 23:28
They'd get to use the base then, when there is one day left, they could sell it and get money back.
Quote from: sardarji on July 18, 2015, 23:21They'd get to use the base then, when there is one day left, they could sell it and get money back.Quote from: Emily on July 18, 2015, 23:13How?
It was rejected because if people sell when there are a few days left, they'd technically be profiting.
Quote from: Emily on July 18, 2015, 23:13How?
It was rejected because if people sell when there are a few days left, they'd technically be profiting.