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DiceGamer dragonfoal
Joined: 04 Mar 2005 Posts: 16 Location: Decatur, Illinois
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Posted: Tue Mar 08, 2005 5:25 pm GMT Post subject: Chuck: STOCK? |
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I'm kind of surprised no one answered this question orginally.....how does one go about investing in SFR? |
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chuckpint White Dragon SFR President Site Admin
Joined: 10 Jan 2005 Posts: 9144 Location: Evanston, IL

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Posted: Tue Mar 08, 2005 6:23 pm GMT Post subject: |
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As I answered on another thread, no one knows right now. I'm hoping to answer that by the end of this month. |
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DiceGamer dragonfoal
Joined: 04 Mar 2005 Posts: 16 Location: Decatur, Illinois
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Posted: Tue Mar 08, 2005 10:26 pm GMT Post subject: |
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chuckpint wrote: | As I answered on another thread, no one knows right now. I'm hoping to answer that by the end of this month. |
I noticed on the main page of the website it asks for all stockholders to be prepared for a meeting. How can there be stockholders if there's no way to buy stock? |
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chuckpint White Dragon SFR President Site Admin
Joined: 10 Jan 2005 Posts: 9144 Location: Evanston, IL

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Posted: Tue Mar 08, 2005 10:32 pm GMT Post subject: |
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There are quite a few stockholders right now. However, because the Board of Directors is basically gone right now, there is no one in charge that can make decisions. One decision that would have to be made is whether or not to issue new stock. Does that make it clearer? |
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deputyfife common
Joined: 11 Feb 2005 Posts: 322 Location: Missouri

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Posted: Tue Mar 08, 2005 10:33 pm GMT Post subject: |
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DiceGamer wrote: | chuckpint wrote: | As I answered on another thread, no one knows right now. I'm hoping to answer that by the end of this month. |
I noticed on the main page of the website it asks for all stockholders to be prepared for a meeting. How can there be stockholders if there's no way to buy stock? |
This is all hearsay:
There are existing stockholders. However, those stockholders are apparently going to decide on a lot of issues. One of those might be the handling of sale of new stock shares.
I'm assuming that if you got hold of a current stockholder and negotiated a price, you could buy that way. |
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DiceGamer dragonfoal
Joined: 04 Mar 2005 Posts: 16 Location: Decatur, Illinois
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Posted: Tue Mar 08, 2005 10:41 pm GMT Post subject: |
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chuckpint wrote: | There are quite a few stockholders right now. However, because the Board of Directors is basically gone right now, there is no one in charge that can make decisions. One decision that would have to be made is whether or not to issue new stock. Does that make it clearer? |
Makes sense. Thanks! How many shares and how many stockholders are there currently? |
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chuckpint White Dragon SFR President Site Admin
Joined: 10 Jan 2005 Posts: 9144 Location: Evanston, IL

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Posted: Tue Mar 08, 2005 10:46 pm GMT Post subject: |
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Sorry, that is not public knowledge. SFR is a privately held stock company and some things cannot be disclosed publicly. |
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DiceGamer dragonfoal
Joined: 04 Mar 2005 Posts: 16 Location: Decatur, Illinois
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Posted: Tue Mar 08, 2005 11:45 pm GMT Post subject: |
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chuckpint wrote: | Sorry, that is not public knowledge. SFR is a privately held stock company and some things cannot be disclosed publicly. |
Understood, but before I'd be interested in purchasing, I'd want to know what percentage share my potential holdings would represent. |
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ddicerc rare Public Relations Director Esteemed Author
Joined: 25 Jan 2005 Posts: 3235 Location: East Brunswick, NJ, USA

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Posted: Wed Mar 09, 2005 10:29 am GMT Post subject: |
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While I understand the fascination for owning a piece of the company, unless you have a significant stack of cash to invest (in what I have to acknowledge as a stockholder is a very risky proposition), which is the kind of capital flow SFR would need, you'd better serve SFR by buying dice. This has several advantages:
1) It provides immediate cash flow for the company.
2) You will have something tangible for your money, and something that will continue to have value, even if that value is limited to your own emjoyment in playing and collecting.
3) The legal issues with stock sales, transfers, and new issues are going to take some time for the board (which is yet to be elected) to work out, so you'll be waiting for quite a while before you can make this investment.
4) You have to consider that you should only buy stock with money you can afford to lose. I am such a minority stockholder that I don't lose sleep over my pretty SFR stock certificate becoming nothing but a wall ornament, but others face the prospect of possible losses that represent a good piece of change.
5) Buying existing stock doesn't help SFR at all. (It does help the selling stockholders, and that may be a consideration for you, and certainly is for them.) Money spent on existing stock does not provide capital for the company; it only shifts who's got a piece of what has already been spent, and takes money that could represent new capital out of the pipeline.
It is possible that, like any company, SFR may decide to issue new stock at some point in the future. This will probably not be any time soon, but rest assured that if it happens, those who are the game's loyal followers will be among the first to know.
(Chuck-Feel free to correct anything here where I speak in error or ignorance.) _________________ Steve "DDice" Braun
The Diceman's Gaming Pages: http://ddicerc.weebly.com
2014-2015 U.S. National Champion
(Just when you thought it couldn't get any worse...) |
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chuckpint White Dragon SFR President Site Admin
Joined: 10 Jan 2005 Posts: 9144 Location: Evanston, IL

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Posted: Wed Mar 09, 2005 11:51 am GMT Post subject: |
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All your points are valid and good, except one. It will not be quite a while. I hope to have this issue worked out with the board by the middle of April. |
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deputyfife common
Joined: 11 Feb 2005 Posts: 322 Location: Missouri

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Posted: Wed Mar 09, 2005 8:03 pm GMT Post subject: |
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I'll just throw this out there.
I know many people like the idea of owning stock in a company, and personally, I don't invest in any Securities & Equities except for stock. But to a small company like SFR, if it is possible, a lot of times it is more helpful for them to issue bonds. The bonds provide instant $$, which usually pay a premium to normal bonds and t-bills since the company isn't an S&P AAA-rated large cap, and the company isn't going to constantly pay dividends to the bondholders if it is successful. A short-to-medium term bond is akin to jointly investing in one (or a few) production line(s) with a company.
That said, I'd rather buy stock.  |
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deputyfife common
Joined: 11 Feb 2005 Posts: 322 Location: Missouri

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Posted: Thu Mar 10, 2005 9:01 pm GMT Post subject: |
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Chuck,
I completely understand the need to keep business info, especially operating costs, private. But out of curiosity, what are the production costs of a race's dice run? (such as molds (moulds?), manufacturing, sorting, sealing, and package printing.) I'm just curious as to a ballpark figure...is it 10's of thousands, 100,000, something even higher?
I'm wondering how much $$ SFR is going to be looking to scrounge together to produce more starters. |
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chuckpint White Dragon SFR President Site Admin
Joined: 10 Jan 2005 Posts: 9144 Location: Evanston, IL

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Posted: Thu Mar 10, 2005 9:17 pm GMT Post subject: |
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I can't answer that right now. I'm heading to OKC this weekend to try and figure out, well, everything about where SFR is at. However, I need to post this to the stockholders first. Then some decisions need to be made. A BoD needs to be elected. Then if I can, I'll answer questions like this. Please don't ask any more questions like this for now, unless you like your questions ignored. Sorry, but I hope you (all of you) understand. If the BoD decides to issue new stock, much of the information you're asking for will of course be available. |
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deputyfife common
Joined: 11 Feb 2005 Posts: 322 Location: Missouri

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Posted: Fri Mar 11, 2005 1:22 am GMT Post subject: |
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chuckpint wrote: | I can't answer that right now. I'm heading to OKC this weekend to try and figure out, well, everything about where SFR is at.
Please don't ask any more questions like this for now, unless you like your questions ignored. Sorry, but I hope you (all of you) understand. If the BoD decides to issue new stock, much of the information you're asking for will of course be available. |
No problem. I figure I'd rather ask than wonder what the answer might have been had I asked. Have fun in OKC. |
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