RE: Need legal advice?

["Des Gibbons" <des@xxxxxxx>]

> > I'm just wondering whether there would be any merit in the
> > group forming a
> > co-operative (Has this been covered before ?), then you have
> > a binding charter
> > and any profit is returned as a dividend to the members. 
I
> > know next to bugger
> > all about this but would be willing to do some research if
> > there is consensus
> > that it has merit.
>
> Given that the membership of the group is not stable, there would
> need to be
> some sort of agreement on how to distribute said profits -
> company style so
> that you get the same divi as everyone else?
> Based on lenght of time you are a member?
> What if someone want to be in the group but isn't ever going to
> join a bulk
> buy?
> If I join the day before a div distribution, am I entitled to it?
> etc etc.....

Each pound spent gives you a percentage of the dividend, so someone who
spends nowt gets nowt and someone who spends 10 grand gets 10 times as
much
as someone who spends 1 grand.

Seems fair?

Des.



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