SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 210.44+1.3%11:11 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: lml who wrote (12760)12/14/1999 11:30:00 PM
From: Tim McCormick  Read Replies (3) of 19080
 
Hi my name is Larry. I want to start up a group of snow cone stands so I went to my friend lml and proposed the following deal.
You put up the money for the stands and ice machines/syrup.
I'll manage them and count the money etc.
My kids will work in them.
We won't pay a dividend but-
You own the stands and get to keep all the retained earnings attributable to your eventual share.
My kids and I will work for the minimum wage-
This will make the earnings look good.
Except we get awarded a 10% equity stake each year.
OK?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext