Post 4 of 20: IT'S ACTION TIME!
How do we translate our Mega Co-op Movement's anti-poverty principles into action? Here are the initial 'infinity' action 'formulas' for the purpose. They're tagged as infinity because they have to be performed by the Movement and its allies repeatedly for all time as applicable throughout the 3rd World. First formula answers the question: How exactly may we set up a mega co-op that is able to create a corporate group for anti-poverty action and yield good 'sideline' income for co-op members? Here's the 'formula':
Acronyms: MC=mega co-op; JV=joint venture; k,M,bn,trn = thousand, million, billion, trillion; ME=mass entrepreneurship; emps/mgrs=employees/managers; expats=expatriates (Fils abroad); cos=companies; corps=corporations; orgs=organizations
ME Infinity Formula 1: Basic Mega Co-op Setup Procedure (Target: Organize your mega co-op investment house):
[YOU & 5k-up Fil emps, mgrs & expats] + [50+Phil private and State corps & agencies, Agri, Business & Science colleges, local govt & Armed Forces units, church orgs] all led by [retired top officers of said entities] invest [P1+bn in an Investment Co-op of their chosen name] which obtains [additional million-dollar investments] from [scores of green (anti-global warming) orgs in 1st World countries] the combined funds to create [30-50 green JVs (agroforests, clean industries) between each MC & 1st World techno cos] w/n [15-20 yrs] @ [50/50% local/foreign capital per MC, or other schemes] that qualify for [equipment & materials loans] at [60-75% project cost] from [the world's trillion-dollar Green Funds] on [10 yrs rollover at low interest, 5yr grace] under [Phil. govt guaranty] to create on macro view [200k-up MC corporate groups] that will employ [the current 60M-up Phil bottom poor] while endlessly flooding [the investing masses & involved companies] with [trillions of P/$ in profit dividends & rises in capital stock values] & enabling [the creditor Green Funds] to earn [billions in interest income] for further lending to [more green projects worldwide] in the process expanding [Phil govt tax income at 20-50x current levels] & all the while perpetually sequestering [trillions of tons of atmospheric CO2 & methane versus global warming].
Q1: Why 5k-up MC individual investors? A1: Low local (Philippine) employee salaries have to be pooled for large-scale MC operations.
Q2: Why involve corps & institutions as investors? A2: They will supply the bulk of investments at several million pesos per org to ensure large-scale MC operations to effect economies of scale & access world markets. Over 500k current Phil. large to small private cos. + State corporations and agencies + local governments (cities, provinces, towns) + small and micro businesses + general public may capitalize thousands of MCs yearly (at P1bn+ per co-op) and simultaneously this way. The happy effect: millions of jobs created for bottom poor & trillions in wealth perpetually flowing among the investing masses & their corporate allies.
Q3: What should be the MC voting schemes? A3: To elect co-op & JV directors (who must be retired officers of top private companies, State Agri, Business & Science colleges and related State agencies), all shareholders (individual or corporate) are entitled to only one vote no matter the volume of investments. For corruption prevention, at least 30% of top shareholders based on investment volumes must approve (via website voting) all co-op plans and contracts. The rationale: thousands of cyber approvers become impossibly expensive for contractors or suppliers to bribe, thereby forestalling corruption at budding stage. For JVs, the foreign partner is entitled to 50% of total votes but the co-op requires 30% of top investors to vote on major JV matters. The schemes ensure no collusion among officers as in past Phil co-ops, and assuages foreign partners' fears of 'losing control'. For MC profit dividend issuance, the co-op first combines all profit shares from its say 20-50 JV companies (at 50-50 local/foreign profit sharing), then the combined profits get divided among all shareholders on per stock share amount basis. Thus, a corporation with thousands of shares will rightly get its equivalent millions of pesos in quarterly dividends, while an employee with hundreds of shares will get tens or hundreds of thousands of pesos in dividends depending on the co-op's profit rate per share. With 20-40 world-marketing joint venture companies contributing half their profits to the co-op, quarterly dividends per employee or corporate shareholder should be enormous indeed!
Q4: Why investment house as MC nature of business? A4: A Capital Fund that invests relatively small percentages of its capital per JV co. among 30-50 JVs will effectively multiply its wealth-creating abilities by 10-20x. The scheme also balances out the ups & downs of the various JV industries' business cycles, thereby preventing heavy losses for the MC. In effect an employee-shareholder's capital will quickly 'expand' 10-20x in terms of ability to create profits due to bulk corporate investments that help attract volume loans. Ending mass poverty effectively runs on fast-track basis.
Read next post that shows how Phil. employee masses may obtain FREE CAPITAL to help set up mega co-op corporate groups! (For Android cellphones, swipe screen up & down, tap arrow at left of title, and tap Post 5: Free Capital for Employee Masses!)
Donate to help promote our MC Movt: Deposit donations to Philippine Banco de Oro savings account no. 0001 4030 7842 Account name Fermin B. Francisco, thru Xoom, Cebuana Lhuillier, Ria, etc. or direct deposit. Notifications thru cellphone nos. 0927 689 2691 or 0928 995 2041 (replace 0 with 63 if abroad) or email fermin4megacoops@gmail.com.
For Question & Answer procedure, tap Post 19: Time to Act! Help Promote our MC Movt! For comments: email fermin4megacoops@gmail.com