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Posted by RainbowChaser ![]() |
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Some questions answered:
Q1 - Why is this being done? A – Click here to read Jakob’s article which explains everything. Q2 - How much it will cost me in USD or EUR? A - The minimum investment is 100 shares and depending on the number of shares that will be allocated to you after closure of the offer, your cost will be as many SEK as the number of shares ( 1 share = 1 SEK ). Approx. rate of exchange today : 100 SEK ≈ 11 EUR; ≈ 14 USD. Use xe.com to check current exchange rates. Q3 - What do I need to do after sending in my proposed participation? A - Just wait for the closure of the offer and you will then be notified with the amount of shares allocated to you. At this time you will receive instructions for payment. Q4 - What happens if the shares requested by the Community exceeds the number of shares available? A - Shares will be allocated to individuals on a pro rated basis, in other words, as a percentage ratio between the number requested by an individual and the total number requested by the Community ( e.g : individual request = 1000 ; total request = two times availability, means individual gets half of what was requested). Q5 - Can I apply for more than 5% (3750 shares) in order to reduce the risk from being pro-rated? A - No Q6 - Can I return the shares to the Company or sell them to others in the Community? A - At the moment the answer is Yes , bearing in mind following constraints : (i) Shares can be either returned to the Company or sold to other eligible members of the Community, they cannot be sold outside the Community. (ii) Shares can be sold to the Company practically at any time, allowing time for processing the transfer and with the seller bearing all costs of administration and transfer. (iii) An internal market for shares selling and purchasing between members of the Community (still via the Company) will be open once a year. (Rules and details to be published asap) Q7 - I was not an SYC member on 1 May 2013 but want to become a shareholder, how can I do this? A - If you are an SYC member on the day prior to the opening of the next internal shares market you will qualify then Q8 - Will more shares be made available in the future? A - The board will have the right to increase the company capital and offer new shares in future. In that event, the entire Community of eligible SYC members will be allowed to invest, with the criteria in force at the moment of such capital increase. The maximum individual ownership will remain at 5%. Q9 - Shall I have a financial return or dividends from my investment? A – No. The purpose of the operation is purely to provide basic financial stability for SOL any profits or surplus will be ploughed back into SOL. Q10 – Is my investment guaranteed A – No. ___________ --- Last Edited by RainbowChaser at 2013-10-18 10:52:10 --- |
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Posted by Svein ![]() |
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We have sent an invitation to buy shares to SYC members, but some emails were not delivered. Also the mail may have interpreted as spam and found its way to the junk file.
Please check. If you haven't received an email with an attachment "prospectus...." please notify us to epd-p@telia.com |
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Posted by Svein ![]() |
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“If you have announced interest in participating in New Company, AND have not
received a thank-you-email from Svein, PLEASE send a copy/new to him at svein.a@telia.com”. |
Thread is locked.
Races
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Current Races:
Auckland to Fiji 2023
Welcome to Auckland and, for the fifth time in Sailonline's history, an epic race to the Melanesian island of Fiji, some 1144nm away. The iconic Steinlager 2 has traditionally been our boat of choice for this event, including in 2020, the last time we raced the course – alone, unaccompanied by a real fleet as it had been #COVID19 quarantined. Alas, this year we will again be racing unaccompanied as low entry numbers has seen the real race cancelled. Hopefully, though, some of the real sailors from the Royal Akarana YC, hosts of the real event, will be joining us online to pit their skills against ours in the ever-changing forecast winds.
Race #1675
INFO by brainaid.de
Steinlager 2 PARTICULARS
WX Updates:
0430 / 1030 / 1630 / 2230
Ranking:
SYC
Race starts: Jun 03rd 01:00
Registration Open!
Susan Hood Trophy Race 2023

Lake Ontario Offshore Racing (LOOR) welcomes racers to the third virtual Susan Hood Trophy race. This is a 75nm weekender on western Lake Ontario starting and finishing at the Port Credit Yacht Club (PCYC) via Niagara and Burlington, and is one of two that will count towards a special Sailonline's LOOR Series medals. As our Beneteau First 36.7 managed the course so well in previous years, we shall race her again!
Race #1690
INFOby brainaid.de
First 36.7 PARTICULARS
NAM_AWIP WX Updates:
0245 / 0845 / 1445 / 2045
Ranking: SYC - LOOR
Race starts: Jun 03rd 00:00
Registration Open!
SoCal 300 2023

Here, once again, is your chance to participate virtually in a second race of the California Race Week calendar, SDYC's challenging 243nm (as the seagull flies) SoCal 300 from Santa Barbara to San Diego. With a broad range of boats entered in the real race, virtual SOLers will have to dig deep to remain competitive in our trusty Santa Cruz 52s.
Race #1674
INFO by brainaid.de
Santa Cruz 52 PARTICULARS
NAM_AWIP WX Updates:
0245 / 0845 / 1445 / 2045
Ranking: SYC
Race starts: Jun 01st 20:00 Registration Open!
GO TO RACE
Cape Town to Auckland 2023
Welcome to this second RTW race 2023. It's also the June edition of this year's ocean race championship. The course is slightly different from the one sailed in 2020, which then also was part of the RTW series.
This time we will race in the IMOCA 60 foil, as in all RTW races this year. That should guarantee the fun in the South Seas in a truly tough race.
PRIZE: SMPF
Race# 1685
INFO from brainaid.de
IMOCA 60 foil Particulars
WX updates:
0430 / 1030 / 1630 / 2230
Ranking: OCQ2 - OCCH - RTW - SUPSOL - SYC
Race starts: Jun 01st 09:00
Registration Open!
CA 500 2023
To celebrate the 50th anniversary of the TransPac Ocean Race in 2019, the organisers of the California Race Week introduced a new longer distance event for line-honours machines. Popular with the largest maxi trimarans, this CA 500, 500nm from San Francisco to San Diego, repeats in 2023, and if you don’t own a maxi trimaran, Sailonline are delighted to have the honour to, for the first time, make their virtual version available to you for a quick ethereal dash down America’s west coast.
Race #1687
INFO by brainaid.de
Maxi Tri PARTICULARS
NAM_AWIP WX Updates:
0245 / 0845 / 1445 / 2045
Ranking: SYC
RACE CLOSE: Saturday,
June 3 at 2300 UTC.
Race starts: May 26th 18:00 Registration Open!
GO TO RACE
Lisbon to Cape Town 2023
Our second OCC race in Q2 is also our first race of a special
6-race RTW series, in IMOCA 60 Foilers, from the board of ita10267. Long bluewater legs, with the shores of the World's continents the only restriction on where you may sail, starting with a 5000nm leg from Lisbon to Cape Town. Enjoy!
PRIZE: SMPF
Race #1683
INFOby brainaid.de
IMOCA 60 foil Particulars
WX Updates:
0430 / 1030 / 1630 / 2230
Ranking: OCQ2 - OCCH - RTW - SUPSOL - SYC
RACE CLOSE: Thursday,
June 1 at 2300 UTC.
Race starts: May 03rd 09:00
Registration Closed
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