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PLEASE NOTE: The information contained below is not an offer by the company to sell any shares or securities. If you are in any doubt as to the intent of the company, you are advised to take legal advice. Please note that posting this share guide on any other website is a violation of our Terms of Use and a breach of our copyright.

 

You become a member of the me2everyone community by registering on www.me2everyone.com.    However, as the website belongs to a me2everyone PLC, and we are giving our members shares in the company for free, you also become a member of the company as well.  So you have two memberships, firstly as a member of the community website and secondly as a shareholder in a public limited company.

 

What are Shares?

Shares represent ownership of a company. So by becoming a member of me2everyone. you are able to become one of the owners. Shareholders choose who runs a company and they are involved in making key decisions, such as whether a business should be sold.

While shares are most obviously associated with the stock market, the majority of small businesses don't go near a stock market in their lifetime.  me2everyone PLC is not listed on the stock market, but aims to be within 3 years (2012).

 

 

How Many Shares Does me2everyone have?

We have an “authorised” share capital of GBP £18m and this is divided into 18,000,000,000 shares of GBP £0.001 each. This means that as the current value, you need 1000 shares to have GBP £1.00 in value. However this will change as me2everyone becomes more successful and people are prepared to buy your shares from you for more than GBP £0.001 each.

 

 

What is the main difference between “authorised”, “allocated” and “issued” shares?

me2everyone’s authorised number of shares is 18,000,000,000 and this is currently the maximum number of shares that we can issue to shareholders.

 

When you become a member or successfully recommend friends you are allocated shares. Once you fully register (facility coming very soon) you may then request that these shares are issued to you. You will be entitled to a share certificate to prove you are the legal owner of those shares.

 

 

So how much money do I have to pay for these shares?

Nothing

 

Under a detailed agreement, LoreKai Pte Limited has paid for and been issued with 4,000,000,000 shares in me2everyone and they have agreed that many of these shares will be transferred to our members. When you are able to fully register and request that the shares are transferred to your name, LoreKai Pte Limited will do this using a Stock Transfer Form. There is no charge to you for this service.

 

 

Will I have to pay any tax on these shares?

According to UK tax rules you only need to pay tax when (and if) you receive any dividends from the shares ,or you decide to sell the shares  at a profit and are subject to UK tax . For other countries you are asked to seek independent advice.

 

 

What is a “dividend”?

This is a share of the profits that’s made once every year. The directors decide whether the company should pay a dividend and how much the dividend should be. For example if the company made GBP £1m in profit, the directors could decide to pay GBP £100,000 which is divided between all the shares issued. Someone with 1000 shares would receive more than someone with only 50 shares. The company could then use the GBP £900,000 balance to develop the company in the next year.

 

 

When I become a shareholder am I entitled to vote at meetings?

YES!

 

There are some meetings to which shareholders will be invited to attend or where you may vote on different aspects of key decisions. For example when the company decides the time is right for a stock market listing, this will need to be agreed by the majority of shareholders.

 

 

Will I get a share certificate?

YES!

 

We are working on a way to deliver share certificates to you electronically. These will have barcodes making each certificate unique. This reduces the chance of fraud significantly.

 

 

If I decide to leave the me2everyone website community, will I still be a shareholder in me2everyone Limited?

YES – but only if you have already had your shares issued. However to read any updates for shareholders, you will need to be registered on the me2everyone website.

 

 

Can I buy shares in me2everyone Limited?

No – sorry...

 

 

Can I sell my me2everyone PLC shares or transfer them to someone else?

Yes. We are developing a “share centre” in the members’ area where you can manage your shares. This includes changing your registered address. It will also give you the form to complete to transfer your shares to anyone you choose (as a gift or upon you death). Eventually we will have a place where you can interact with other shareholders and seek any buyer for your shares – prior to the company seeking a stock market listing. There are some rules to observe, but we will tell you about these when the share centre goes live.

 

 

If I die, can I leave my shares to my children?

Yes! Your shares once issued are yours to keep or dispose of as you see fit. On the day you die, your shares become part of your estate and you may choose to leave them to your children, spouse or anyone else, including a trust or charity. There will be more information in the share centre, when launched.

 

 

Where can I find out more information about the shares or the company?

You can visit www.companieshouse.gov.uk and search for company information. When the share centre goes live, you will be able to download our Articles of Association & Memorandum which give you a lot more information about me2everyone, the shares, how shareholder meetings work and the powers that have been given to the directors.

 

 

I have heard a rumour that you may change how shares are issued. Is it true?

Many members have asked us about creating a me2everyone virtual currency to use within the website. We are exploring this and if accepted many of the rewards currently proposed to be paid as shares will be paid into the new currency. This currency could then be used throughout the me2everyone websites and for upgrades and purchases. The currency could be swapped at any time for shares in the company. Our legal team are looking into this and if any changes are made to the Terms of Use, all shareholders and members will be notified.

 

If you wish to contact us in respect of this please write to us using the Contact Us link given in the Help Centre or by post to me2everyone PLC,  The offices of Furley Page LLP, Bridge Wardens College, Clocktower Building, Chatham, Kent, ME4 4TE, United Kingdom