After we published the basic features of our loyalty share programme, you contacted us with many questions.
We have decided to respond with a summary of the most common or most important questions in a separate article. We will gradually update this article with new questions and answers. We don’t leave out the answers to the most critical ones, sent to us by anonymous people who take the trouble to post even through anonymous proxy servers 🙂 .
Since the beginning of our company’s existence, we have made no secrets and have been as open as possible. Therefore, there is no point in hiding anything even now. Now we might just spoil our great relationship of trust with our customers.
The questions are “unassembled” for now, but as the number grows we will sort them into different sections and format them better.
Questions are copied directly from clients (including accents, etc.).
General questions
What are your current economic results?
We will of course publish the results, there was and is a loss, because we only got to an operating profit in autumn 2011, but we are still investing very significantly in development. Consider that we have a datacenter ready to go that is only partially occupied, so logically it cannot bring in as much now as it will bring in at full occupancy (and in proportion to what has been invested in it). And these investments are of course a minus and still do not bring any plus. We are managing the current growth without any problems, but we want to grow much faster and we also want to commit to customers who will be interested in this.
We started out, we invested in a fundamental way. We are still investing and will continue to invest in development. At this point we are not promising profits, we are talking about the future (2013 and beyond). There is a difference if a company is starting and investing and if it has been established for several years. We now have a datacenter that is 8% full – just to give you an idea.
What about the potential profit in the future?
However, for companies like ours, as the number of clients increases, the cost per client decreases significantly and thus the company achieves (with a high number of clients, which we are also trying to achieve) an interesting profit. Initially, the company must build a datacenter (or lease it and be economically worse off in the future). Building a quality datacenter is economically demanding. However, you do not have to pay expensive rents in the future. Then you have to buy routers, servers, disk arrays. All these issues are growing in direct proportion to the growing number of clients. Similarly, electricity costs are rising, but unlike servers, they remain the same. You buy servers once and they benefit you for several years. You always have to pay for electricity (which is why we have energy-saving solutions). You also pay wages that don’t grow in direct proportion to the number of clients because you have automation. Then you have the cost of connectivity, but there the cost decreases (per unit) as the volume increases. The rest is other costs and payments (including advertising). It is no longer growing proportionally there either.
I suppose your profits are minimal at the moment (obviously due to low prices)..but what will change? => You have to make money somehow.
In our industry, it’s about customer volumes (numbers). Simply put… At 8,000 domains, you’re minus. At 80k a small plus, but at 160k you’ve got a nice plus and at multiples it’s even better. The cost per client drops significantly as the number increases because you have automation. Development costs, connectivity costs, etc. are dropping significantly.
Why should I invest in a company that is losing money?
We don’t promise mountains. Certainly not at the beginning. However, in the future, in the years to come, our results may be quite interesting. It is quite realistic that our profit will be in the order of 20% (or more) of turnover in the future. We’ll discuss this further in future articles.
We are currently in a growth phase, and this growth is very dynamic. At the moment we are constantly investing in development and therefore we are not making a profit. At some point the situation will change and our investments will start to yield results. The goal of our efforts, the goal of our business, is to make (and regularly achieve) a profit. We did not invest (literally) tens of millions of crowns “just for fun”, but with the aim of recovering them, including the corresponding (and recurring) profit.
Why invest in a company that hasn’t made a profit yet, but just a lot of growth?
The point is that if we don’t mess up our approach and grow at the same pace, we will achieve interesting economic results. We have certainly proven over the course of our existence that we know what we are doing and that we are doing it right. We are certainly not gamblers who are here today and gone tomorrow (at the first problem).
Our company has a solid foundation and does not stand on water. We have the results, we have the experience, we own everything. We are not offering something virtual that is today and will not be tomorrow.
What else would you want to invest in other than a company that is growing and has a working business model? This is the best time to invest.
What potential is there when one of the main potentials. income you sell for purchase, resp. with loss (administration, system, fees) -> domains?
We have commented on domain prices many times and there is no point in repeating it again. For us, the main hosting services where you can see on the charts how we are growing.
Are you a startup or not?
We don’t like the word (startup) very much. It is too popular and unnecessarily often used. Even we ourselves don’t know whether or not we are a startup. It’s a popular word, but I don’t think we feel that way. With our concept, ideas and plans, we can probably be classified as a startup. The way we’re still basically at the beginning, I guess. On the other hand, we have many years of experience, we have our own facilities (building, equipment) and we already have beautiful results. I guess we’re not a startup anymore.
So you have to decide for yourself whether it is also an investment in a startup or not. Investing in startups tends to be riskier, but on the other hand, when the investment succeeds, it is also more profitable.
What is the difference between you and regular startups?
We really don’t want to be primarily classified as a startup. We are a company that has been in existence for 2.5 years, but has been offering our services for less than two years. We draw on the many years of experience of our employees, who have already managed to build the largest company in the same (or similar) field. We have a workable business model and a growing number of clients who pay regularly for our services.
Is your business model working?
Our achievements so far (clearly the fastest growing hosting in the Czech Republic, the 3rd largest hosting in the Czech Republic) clearly show that our business model is working. We are in operating profit, but now we want to achieve faster growth and expansion in the future.
Why did (or still does) the company have a Cypriot owner?
We have never concealed the fact that this is the case. We even started to register it in the commercial register. The Cypriot company belongs to the company’s founder Josef Grill. Last week, he became the sole shareholder of our entire company. The change will be reflected in the commercial register in the following days.
Who is the current owner of the company?
Josef Grill is the sole shareholder of the company. This change will be reflected in the commercial register in the coming days. After the subscription is completed, there will be more owners (shareholders). How many and in what composition cannot now be estimated.
Who runs the company?
In connection with the preparation of the share subscription, a change was made in the company’s bodies, which will also be reflected in the commercial register. The company, as before, is managed by Josef Grill and Petr Št’astný (both with more than 14 years of experience in the industry). Josef Grill is now the Chairman of the Board of Directors and will focus on the share programme and commercial matters. Petr Št’astný has now left the board of directors as he is fully dedicated to all organizational matters, technical issues and development. He manages all other colleagues in the company in his work. Administrative matters kept him from executive activities (we are a small company and we do not have a “useless” administrative apparatus).
Who owns the Datacentre building?
The WEDOS Datacentre building in Hluboká nad Vltavou is currently owned by WEDOS Property, s.r.o., which is the sole shareholder of our company. In connection with the share subscription, it was decided that the WEDOS Datacentre building will be transferred to our company WEDOS Internet, a.s., which will thus become the actual owner of the WEDOS Datacentre.
Who owns the equipment and servers?
All equipment of the WEDOS Datacentre and offices belong exclusively to our company WEDOS Internet, a.s. Equipment from air conditioning, automatic fire extinguishing system, wiring, networks, servers, routers, disk arrays, furniture, workstations, etc., are owned by WEDOS Internet, a.s.
The property is acquired without leasing or loans.
What all does the company own? and now I’m not asking about buildings, cars, etc. but I mean your other business activities – pojisteni.cz, pravnik.cz etc. If I go into this, will I become a shareholder only in Datacenter or also in these other portals?
The rest is beyond that. We keep it separate and don’t pay much attention to it. There is more of a chance of needing to address this in the future. Insurance, for example, has huge potential, but we don’t have the time and energy to devote to it. However, it may be otherwise.
What is the company’s share capital?
The company’s share capital is currently CZK 2 million in the Commercial Register, but in recent days it was increased to CZK 20 million by decision of the General Meeting. This new figure will be entered in the commercial register in the next few days.
How much do you value the company?
Valuing the company is complex, but we certainly value the company at more than what we are doing the current first round of underwriting for. The current first round of share subscription is based on the nominal share prices, i.e. from the purely accounting price and takes nothing into account. It does not take into account the growth of the company, the reputation of the company, the ownership of the building, the ownership of the equipment, the ownership of the entire administrative system, the collective of the workers…, just anything around. The fair value of the company is higher than the subscription value of the offered shares. Now, the subscription essentially covers only part of the investment, but it does not cover the real value of the company.
Is this investment worth it?
The investment of a few hundred crowns will pay off in the end for everyone who counts on us in the distant future. We want to keep our clients happy for many years – we are not talking about months or a few years. This is just the next and completely logical step for a growing company. And it is up to each of our customers to decide whether or not to participate in the development of our company. It’s nobody’s duty.
How should a shareholder promote your services? This isn’t a door-to-door sale?
Any good shareholder will support their company and become our (best and most active) salesperson. We’re not looking for door-to-door salesmen. The point is, if you are really happy with us, tell others. Mention that you are a guest with us, tell us about your satisfaction with the quality and the service we offer and our prices – that’s the best advertising. Your friends may appreciate similar information. We are looking for walking (live) advertising that actually does advertising unknowingly.
Do I have to promote you as a shareholder?
No, of course you don’t have to, but we believe that every shareholder is happy to boast (and thus give us the best advertising).
How will you check whether the shareholder is doing enough advertising for you? I mean if I want to buy the shares because I am satisfied with you and I trust you in the future, but I am not willing to get actively involved in any more promotion (writing a blog, etc.)
We don’t require anything. We expect our shareholder to be a walking advertisement in its own right.
I’m afraid of the tunnel 🙂 But I might buy it for the recession 🙂
You think we’re suicidal and gamblers? Come and see us. Don’t you think it would be a shame to throw away a company like this for a hundred crowns? We have invested many times more than we will get from the eventual underwriting.
What do you want to expand in? The expansion in the Czech Republic is excellent in my opinion. The prices, the service … everything is top notch. Such a company does not even need significant advertising.
We also want to offer other services. As for outside the Czech Republic, we have a website only in Czech, but we also have clients outside the Czech Republic and Slovakia. For web hosting there are, but they are few. There are a lot of them in VPS. That’s hundreds. This is proof that we have a chance to succeed elsewhere.
Could this move be seen as a harbinger of future increases in the price of services (for non-shareholders)? After all, shareholders will not like the current low selling prices in the future (or long) period … 🙂
No, we’re looking for people who share our philosophy as shareholders. We’re not looking for investors who want exactly that. We’re looking for people who want to build something interesting, something big, and then make something out of it.
There is no increase in the plan and it will be presented further that this is one of the things we would not want to change.
Loyalty programme
Why a loyalty programme?
Our program consists of a loyalty and a promotional part. Today we’re going to look at the loyalty part. The loyalty part is in our program because we want to reward our loyal customers. Our satisfied customers are our best advertisement. They are a walking advertisement that is free. We invest relatively little in advertising, in terms of growth ( and our incremental growth) it could be argued that we invest almost nothing. And yet we are growing the fastest in the market, almost as fast as all the other companies combined. This is due to the fact that our customers are satisfied and trust us. We want to deepen this relationship of trust and satisfaction.
We would like to reward ourselves for this “cooperation” and want to offer our customers some reward for their loyalty. Our program is one way, one possibility.
What will be the advantage for shareholders?
We will offer our customers who will be our shareholders:
- that we will always try to have domains for them at purchase prices, including renewals,
- discount of up to 20% on service extensions (web hosting, VPS, dedicated servers, WEDOS Disk and possibly other services of a similar nature), subject to the limitations below.
Will I get domains at the purchase price?
Yes, we will always try to have domains (for our shareholders) at purchase prices, including renewals.
What’s the discount?
Each shareholder will receive a discount of up to 20% on renewal of services (web hosting, VPS, dedicated servers, WEDOS Disk and possibly other services of a similar nature), with the limitation below.
Will the discount be limited in any way?
There will be one restriction that will serve as a protection against abuse of the loyalty-share program. The total amount of the discount for one calendar year will be limited to 20% of the total purchase price of the shares of the respective shareholder.
Why isn’t the discount higher?
Indeed, given our low prices, significant discounts are economically unviable and we have to behave economically. We don’t promise mountains. We don’t want to jeopardize our investment or the investment of any potential shareholders. We must behave responsibly.
Why a calendar year?
We have a calendar year accounting period.
Can I have more shares?
Yes, of course. You can even buy each share in a different period (different subscription round).
Purchase price and why are you tracking it?
We anticipate that there will be interest in our program and we will do the subscription repeatedly. The purchase price of a share may change over time. From this point of view, it is important to keep track of who bought the share and at what value.
When do we launch it?
This loyalty programme will be applied to service renewals from January 2013.
If I understand correctly, the shares are only a paid discount, as I have not read anywhere that there is a share buyback, so people only buy discounts..
No, the discount is only part of the whole program. Read more in other articles. Shareholders don’t buy a discount. They’re buying stock. The price of which, of course, can change its value over time. At the same time, they will be entitled to a possible dividend, which we are not yet paying because we are still investing and not making a profit thanks to growth. And that discount for customers is basically an extra reward. We do not and will not offer discounts on renewals otherwise.
Stock program
What’s the stock program?
We will issue the shares and anyone can buy them from us. By doing so, you will put money into our company and we will have money for further investment and development, including expansion into other industries and areas. You become a shareholder. Consequently, these shareholders will have certain advantages over others(discounts on service extensions) and will receive a percentage of the profits (dividends) in the case of (expected) profits. Of course, as our (and thus your) company appreciates in value over time, so will the value of your investment.
What kind of shares will they be?
The shares will be (in the words of the Act) in certificated form and registered. This means that each share will have its own serial number (including, for example, the issue or series number) and each share will have its owner (shareholder) assigned to it. The share will therefore be “tied” to a specific person (natural or legal) and will therefore be assigned to a specific birth number or a specific identification number (ID number). We will keep a list of shareholders in electronic form. A change of shareholder will of course be possible. Authorization will be similar to the process for domain holder changes.
What the value of the shares will be
The nominal value of one share will be precisely determined (details another time). Shares may be issued in the future at different values, which we do not plan to do yet, but we cannot rule it out.
Why are we doing this?
We have decided to go the stock route because our success will be your success, or a success for our shareholders. Through this close connection (between us and our customers as shareholders), we will gain more than we would have gained through a loyalty program alone. It will be clear to every shareholder that our economic success (profit) is also a success for them (dividend and growth in the value of the company and thus growth in the value of the shares).
The advantages of the share programme from the company’s point of view include:
- tie clients to us forever (why would they buy anywhere other than “yourself”)
- we will make our clients the best “salesmen”(they will praise their company)
- the company receives funds for faster development, expansion and growth, which it does not have to directly (and necessarily) return and pay interest on (like banks and leases), but only “returns” part of it in the form of a dividend (in the case of profit)
- if the offer is successful, it can be repeated to raise additional funds for faster growth
- funds can be obtained for development into other areas of activity (in the IT sector)
- the shares can be used for various “dog pieces” (increase capital, sell shares, exchange for shares in another competing company)
You want to go to the stock market?
At present, any such considerations are premature, but nothing can be ruled out in the future. Going public would of course make the situation more interesting for shareholders, but on the other hand we would not get “our sellers”, but only investors we are not interested in. Currently, the Prague Stock Exchange has started to offer the Start programme, which is for companies similar to ours. However, that’s where you get funding, but not customers (and vendors). And you certainly won’t create such a close bond between the company and its customers.
Will it be possible to sell the shares?
The sale of shares is of course possible, without restriction. You will be able to sell to anyone else, anywhere, anytime. Of course, you will also be able to offer them to other shareholders.
How do I sell them?
You will be able to transfer them in our administration. The system will be similar to the domain transfer system.
What kind of shares will they be?
The shares will be registered registered shares and the list of shareholders will be kept in electronic form.
When will we know the details of the underwriting?
We will publish details in a future article.
Is the program designed for “millionaires” and investors or for small investors?
We’re talking about 100s of crowns = we’re thinking of everyone, exactly our customers for whom this is intended. We don’t want millionaires. They’re not going to bring us anything.
Why do you prefer small investors to big investors?
A small investor who is also our customer will experience our success much more with us. He will promote us and brag about us. A big investor will only bring us money.
What amounts are we “talking about” here?
Details will be published gradually. The investment will be in the hundreds of crowns.
Will it be possible to invest in the order of thousands?
Yes, the amount is not limited, but we prefer small shareholders who are primarily our customers. This will give our program the other important part – the resellers of our services and our customers tied to us “forever”.
Are you hiding anything or will you not hide anything in the future?
Of course, we are not hiding anything and we will not hide and we will not be allowed to hide, because if we go publicly “with our skin on the market” like this, it is impossible.
We will keep you informed and, of course, we will inform potential shareholders in more detail. Everything that is going to happen, everything that is going on… and shareholders will even be able to vote on certain things and thus participate in the decision-making and direction of the company.
It’s all about “hooking” customers. A large shareholder will not bring that to us. He’s no use to us. We don’t need that. We have to differentiate ourselves from the competition, because if we want to reach the top, we can’t do it any other way
How often will you disclose (resp. make available to shareholders for review) financial results? Annual/quarterly?
The classic once-a-year closing. On an ongoing basis, we will publish the results once a quarter, which will include everything except depreciation, accruals, etc.
Can you get to all the interested parties?
He’ll get to everyone. If there is interest, we will prepare another round. It is now a survey of interest. We have had offers from big investors, but we are not interested in them. We’ve had a lot of questions from our customers about how to get action. Now they will have the opportunity.
Isn’t that an exit from the company?
No, it’s not selling the company or selling part of the company and paying out the shares. This is a way in which all funds will be used to further develop the company.
Will it be possible to “withdraw” the investment and get it back?
The shares can of course be sold to anyone at any time without restriction. We will publish more information.
Will you provide liquidity for the shares you buy if someone wants to get rid of them? …to ensure that the offer/demand is traded…
Transfers will be handled by us, where the system will be similar to the one we have for domains. Safely. We probably cannot avoid creating a supply/demand system.
Where will the shares be stored, I assume they will be in book-entry form, who will pay the management fees? I can transfer them straight to my dealer?
The shares will now be in certificated form in registered form. The register (list) of shareholders will be kept by the company.
A book-entry form is an option in the future, but now it would be unnecessarily administratively and financially demanding for both parties (the company and the shareholders).
I would like to ask about the shares – what would be the criminal liability of the shareholders in case there is any (any) problem in connection with the company or its activities?
There is no such responsibility.
Could it happen that the shareholders would be legally obliged to pay damages, liabilities, etc.?
No, the shareholder is liable with his “stake”, i.e. the amount for which he bought the shares. There is no other obligation or responsibility. The shareholders are not liable for the company’s obligations and are not obliged to pay the loss.
You will also present the system of operation, how big a share will represent one share, how the share will change in case of new investments, quantify what in your opinion is the value of your company and maybe even a simple business plan for the next 2-3 years, most of us (satisfied customers) are not so proficient in this.
Of course, we’ll introduce this too. That’s why we do it step by step and explain the whole process and all the circumstances.
I have to laugh, you’ve got it all figured out really nicely, a bunch of small and therefore weak investors, whose share, given that you want to keep a majority in the company, will always be a minority and therefore expropriatable.
No, you can expropriate them if there are less than 10% of them. There will be more from the beginning. We would be up against ourselves to do something like that. We’d piss everybody off. We want exactly the opposite of what is described in the headline of this report – we are looking for the broadest possible group of people so that we can make a difference together. More heads know. Even the ideas of the interested parties from the last few days are interesting and if more shareholders then join in, we can do more together and at the same time we will get clients committed and they won’t move.
I have read the FAQ and I think that an important question has not been asked: what will you use the funds for? After all, you were able to cover most of the input costs in the tens of millions “out of your own pocket”.
Of course, I have no idea how successful you expect the stock program to be, but a sober estimate is that it will be in the millions – you probably won’t build a second datacenter in 2014 (as you originally planned).
So will it be just for operations or for the smaller upgrades mentioned in your TODO sheet? I’ll probably buy the stock anyway, but I suspect I’m not the only one who would be interested.
We will elaborate in a separate article. We are now testing the interest. We would have to do another round for Datacenter WEDOS II 🙂 . It all depends on the interest. Our plan doesn’t change much. Mostly we saved a lot of space in our current datacenter because we don’t let anyone else in.
We haven’t updated the TODO list for a long time. We have another one internally, full of plans until about 2099 🙂 . There’s a lot there.
Well, unless we’re going by specific numbers, that still sounds suspicious to me. And the expropriation can also come earlier than the 10%, amounting, if I remember, to CZK 2,000,000 out of the share capital of CZK 20,000,000? That’s not a small amount either, especially when you’re incentivizing investments in the hundreds of crowns. But life is a game, maybe I’ll play with you.
Believe that everything is already determined and written by the notary. It’s nothing suspicious. We just don’t want to reveal it now. Step by step. What would we write about in the next few days? 🙂
We will present specific figures. Don’t worry. Can’t do without them 🙂 .
The first round will be extremely interesting because the real price of the company is higher. Significantly higher than that (what will be listed as capital) in the commercial register. Let’s see what the interest is.
We want to explain everything thoroughly and step by step.
One more thing – about the 100 crowns. What do you think… who’s gonna bring us more? A satisfied customer with hundreds of crowns who will be tied to us forever and will want to sell us (only by recommendation) OR an investor who will buy a piece of the company and maybe pay 4 or 5 or more times as much per share (fair market price)?
Now we don’t even want a decision from anyone 🙂 Everything is ready. From the notary. So you will see that we are not bluffing about changing it now. But now we explain everything, including the risks. We want to play fair, so people need to know the risks. Then we’ll see how many opt in. For us it’s not about the investment, but for us it’s about the clients.
I can understand it for keeping clients for a longer period of time, it’s a perfect move, really knuckle down who thought it up 😉 … for these smaller investors it’s very interesting … I was more interested in the profitability of a larger investment …
Now it’s targeted at client retention. It’s an experiment. We’ll get it really cheap. Profitability depends on growth. We know a lot about it, but the question is whether we can post it here so we don’t influence someone and if it doesn’t work out, so someone doesn’t “get back” and slap us. We’d better keep quiet. We know the profitability of other companies, we can make some forecast for us. If it comes to fruition then we can calculate a lot from it.
It can “stink” through the tunnel!!!! start up, get clients, “get money for something”, sell, run away. nothing in bad!!!!! trust, I have no problem. but I think you know what I’m getting at.
You think so? Only a fool would do that, who falls on his head several times before 🙂 Do you think this company – with this name and this growth – has no prospects? Similar IT companies are sold for multiples of their turnover (and they don’t have assets – they don’t have a datacenter, they lease everything, etc…)… This company of ours can do much more than it has done so far. This is one way. We’re not crazy. None of us even fell on our heads.
A tunnel will not be made by someone who has not invested many times more than others plus time, experience, knowledge, know-how, effort….
Come and see and you will understand.
If I understand correctly. these “shares” are not publicly traded. it’s just a customer community. Then I don’t understand! You’re a stock company!!!! so-so.
They cannot be traded on the stock exchange. The stock exchange may be the next step. You can go to the stock market for capital, but we won’t get clients there. We don’t want capital, we want clients. If this works, then we can go to the stock market and get more.
But you are A.S. !!!! so I wonder why you invent some “stock” system. when it exists and is given by law. especially what you are planning I don’t understand. is it only about payment of service? That’s what you have a customer “account” for. Just, “I see”.
Wait a minute, ours is legal. Normally a classic joint stock company under the law. Everything is in order and has been prepared for a long time with notaries and auditors.
You mean why aren’t we on the stock market? It’s simple. This may be interesting in the future and this is more for the situation if we were looking for financial investors for development. There you have other costs. It then costs you several percent a year to run the shares. For now, it would be pointless. We are indeed, however, under the law.
I don’t know what you mean by the second part of the question. We’ll be happy to explain.
The second half of the question. simple grades: taxpayer, Ltd., as. I’m leaving out the interstitials. that’s why I don’t understand that as a joint stock company (billboards shine everywhere), you don’t sell those “klaus-endorsed” shares”
Maybe we’ll work our way up to that. Now, for example, Wooky is going public. It has existed for a shorter time than we have. Turnover is lower than ours (moreover, partly from reselling hardware and not from services as we do and thus lower margins). They’re an unknown company. They don’t have a clientele that pays them monthly. They don’t have buildings. They have no experience. They have nothing… except an idea they copied abroad. They want to get 50 million crowns for 11% of the shares. That’s a bold move. Maybe they’ll get it. They will then be listed on the stock exchange and be publicly traded. Frankly, they’ll get the funds, but no one will provide them with clients, so maybe investors will lose more. We’ll see. Maybe they will succeed and be a global player and then it will pay off for everyone. None of us know. May they prosper.
We are taking a completely different path. We’re going to see if there’s any interest and we want to tie up clients. Get them forever. Then we can sell a few shares on the stock exchange at a significantly higher price, attract investors and thus accelerate development even more. If we want to go to the stock exchange, it will be at a different price, because we will get “only” money and not clients… If there is interest in underwriting, the price will change. It may be higher the next time you subscribe, but it is still likely to be worthwhile for clients. We’ll see.
Compare the two approaches…
Public offer for subscription of shares
We will publish details in the next few days. Questions will follow.
Will there be a limit per person? So that the aforementioned buyout by one big investor does not happen and all the buyers are left as far as possible.
Unfortunately, this is not possible under the law. We cannot discriminate against anyone. Who’s gonna be faster… We don’t want big investors. The principle of the success of the whole event depends on the fact that it will be our clients and there will be as many of them as possible = everyone will buy just one share.
How will it be run?
This is already established, but we will specify in the next article.
When does it start?
It will be in the coming weeks or the coming months. You will know everything in due time.
What will be the volume of shares to be subscribed?
This is already established, but we will specify in the next article.
What will be the share price?
This is already established, but we will specify in the next article.
If I can’t make it now, will there still be a chance?
Yes, if there is interest in underwriting, we will prepare other options. We’ll see what happens.
Is there an age restriction?
There is no age restriction for share ownership, but any actions in relation to the shareholder’s rights would have to be carried out (for persons under 18 years of age) by a legal representative. That means you can own. You can purchase in your own name (officially through a legal guardian), but you would need to be represented by a legal guardian at the general meeting.
Why are we doing this?
We will publish details in the next few days. Questions will follow.
Why not take out a loan or lease?
Leasing or credit is a relatively simple matter. Share subscription is more “demanding” and more profitable. Unlike a lease or a loan, you do not have to repay the funds raised when you subscribe for shares, or repay them with interest. If you raise funds from shareholders, you may lose some of your stake in the company, but you get funds that you don’t pay back (except for any share buybacks) and don’t have to pay interest on (except for dividend payments). So you only pay “interest” in the form of a dividend, which you only pay if you make a profit. Making a profit, especially when starting a business, is more difficult because you have to invest a lot. If you do well one year and make a high profit, you’ll be happy to split. If you do less well the second year or have to invest more, shareholders get less. You always have to pay the bank or leasing company, no matter what stage of development you are in or how well your business is doing at the moment.
Principles of WEDOS Internet
We will publish details in the next few days. Questions will follow.
What’s next for our programme?
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Where we want to go and what we want to achieve
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All in electronic form, online voting
We will publish details in the next few days. Questions will follow.
What will the investments be used for?
As we have already announced, all funds will be used only for the development of additional services and activities aimed at faster growth of our company.
No funds will be used for other activities or, for example, to pay out shares to existing shareholders who will thereby reduce their shareholding. Everything is only for development, because it is in the interest of the current shareholder and all future shareholders.
Risks
Are there any risks here?
Yes, of course there are risks. It’s an investment and every investment comes with risk. We will explain all the risks in the following articles, including how we intend to minimise these risks.
Is it risky?
Yes, of course there are risks. It’s an investment and every investment comes with risk. From the outset, we point out that the whole programme is risky and it is up to everyone to assess whether or not the potential risk is worth it.
Can I lose my investment
Yes, it can happen. If we run the company badly or something unforeseen happens, you may lose your investment.
How to minimize risks?
Here is about the only option we can recommend. Invest as little as possible.
It is also our wish. We wish to have as many small shareholders (in hundreds of crowns) as possible among our customers who trust us. This will not only give us shareholders as investors (which is not the main point of the program), but also walking advertisers who will care about our results as much as we do. You don’t believe it works? Already in the first two days since the introduction of the program, we have had several customers contact us seeking advice and help. They argue precisely that they are interested in becoming minority shareholders and so they care about our success. They suggest changes to the menu, they suggest modifications to the website, they suggest new services. It must be admitted that all the contributions had a head and a tail and we appreciate them immensely. This is exactly how we envisioned it, this is exactly what we want and this is exactly why we do it!
Will there be any guarantees?
Guarantees in the classical sense no, but our measures read here:
https://blog.wedos.cz/vernostni-akciovy-program-a-jeho-rizika
Why us?
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Uncategorized questions
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