If you enjoy the content at iBankCoin, please follow us on Twitter
Haven’t dropped your $250 yet for a piece of the Packers? You’ve got nine more days to “invest” and can do so even if you favor the Blue Bombers or Roughriders.
By Kirby Lee, US PresswireThe Packers announced Monday that their stock is now available in Canada.
“Since launching our sale in the United States, we’ve received a lot of interest from our fans in Canada,” said team President/CEO Mark Murphy in a statement. “After receiving approval from the NFL, we have now clarified the regulatory requirements in Canada and are excited to offer ownership to our fans there.”
As of last week, the team had 17,000 shares remaining after making 280,000 available in December.
Though the stock doesn’t appreciate in value, the sale has raised money the publicly owned franchise is reinvesting into the latest expansion of Lambeau Field.
Joined Nov 11, 2007
31,929 Blog Posts
Guess they should have beat the Giants to ensure they had enough suckers.. er, I mean “investors” to fill out their offering.
I’m kind of surprised that the SEC allowed this shit to go on. If I tried to sell a no-dividend, no-vote, no appreciation security to the public, they’d put my ass in the pokey.
PS — having lunch with a Ragin’ Cajun (engineer) next week.
________
F it, bot one for a novelty.
One for novelty is not a big deal for a fan… Heck, you know I’d do that if the Giants were offering.
But to call this shit a “securities offering,” well, that’s kind of egregious.
_____
Haha, I’m a ravens fan at heart, but I think it will make a nice addition to my wall. I think they had to declare themselves as a corporation because of certain wisconsin legislation against being a “non profit organization”