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The cooperative capital is unlimited. In order to raise the necessary funds, cooperative shares are issued, no certificates are issued for them. There are 2 categories: Shares and pre-shares; The value of a share is up to 100 or a pre-shares is 1 (at the value of CHF in the year 2000, i.e. value-secured). Shares can be purchased at a purchase price of 80 to 88. |
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Eco Shares The maximum number of shares is 400 per member, however 1000 per active member. Positions of natural persons are freely transferable and inheritable up to the maximum number. Com Shares Unlimited number, intended for the capital provision to certain companies (legal entities). They can be converted to ECO-shares anytime, up to the maximum number. Positions of natural persons are freely transferable and inheritable. Col Shares Limited number per member; They are non-transferable however they can be converted to ECO-shares anytime, up to the maximum number. Eco(s) - pre-shares They can be acquired without restriction and can only be used for the purchase of shares. |
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Closure or termination of positions of shares A position can be terminated by the cooperative anytime by credits of total 100 per share. A position can be closed by the member anytime as soon as the repayment rate or the value of the share has reached the purchase price. |
• Operational costs and marketing, at most 4%; • Capital provision for active member companies; • Reserves, mainly in precious metals or precious metal shares; The net profit is included in the cooperative's assets, with reserves to be formed. Credits according to the types of shares may result in a share of the profit. However, there is no general distribution to cooperative members until the cooperative is dissolved. |
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