Start-up companies sell raw stocks on the Internet

Oriental Network February 5 News: According to the "I Times" report, sell time, sell deposits, sell original shares ... Is there anything on Taobao that can't be sold? Recently, known as Beijing http://www.aliyun.com/zixun/aggregation/17930.html "> American Micro Media Company (hereinafter called" Beauty Micro " Sellers on Taobao's business has sparked widespread concern: the products they sell are the original stocks of their own company, and anyone who spends 120 yuan can buy 100 shares and become a shareholder of the company. After two rounds of sales, the company raised a total of 1.2 million yuan. But Taobao said yesterday that it would close orders for completed transactions and return the money back to the consumer account because it found the above-listed shop illegal.

The start-up company Taobao sell original shares

Taobao on the sale of the original shares of the store's name is "the United States micro-business card online shop", the sale of products is "the United States Micro-media certificate registered membership card." According to the US Micro founder Zhu (holding 60% per cent of the company), buying a membership card from an online shop is buying a company's original stock. The unit voucher is RMB 1.20, minimum subscription 100 units. That is, only 120 yuan to the next single, you can become the holding of the United States micro-100 shares of the original shareholders. In order to raise more funds, the company also set up a QQ group, focused on the "shareholders" to solve the puzzle.

It is reported that the United States Micro-company was established last June, the original intention is to establish a television, magazine and network of Cross-media marketing platform, is still in preparation and start-up stage, the nature of the company as a "limited liability company." The purpose of the original stock issue was to raise funds to support the program's operation. Interestingly, this option is different from the traditional share sale model, the United States and micro-major shareholders transferred 4% of the shares of all by one person unified generation.

Zhu revealed that in the second round of sales in the end, a Zhejiang fund company made a big "bag bottom" to buy a large number of shares. As at 12:00 noon February 3, 1191 members bought the U.S. micro-equity, the total number of subscriptions for 680,000 shares, the total amount of 816,000 yuan, plus the previous network private placement of the actual amount of 387700 yuan, two times altogether raise capital 1.2037 million yuan.

Lawyer: Suspected illegal fund-raising

In the industry's view, the United States and micro-this new financing model, can not be a foothold, cannot afford to check the laws and regulations. Some lawyers say that if the US micro is a "limited liability company", at present, the law stipulates that shareholders can not exceed 50 people, more than will have problems, if it is "limited company", in violation of the securities law of the public recruitment restrictions, the company raised more than 200 people, if not approved, is suspected of breaking the law. The company's so-called "network private" argument is not established, is directly to the public through Taobao, and the number of more than 200 people, has constituted a public offering of securities.

"Now, the company's behavior is difficult to ensure the legal identity of shareholders, follow-up also difficult to maintain and exercise their own interests." "Beijing surplus law firm Shili said that the United States as a limited liability company, this is definitely illegal," Shaanxi and other countries in the past few years to sell the original shares, intends to go overseas listing, it is illegal, the people are all the same.

It is understood that in the past, the traditional model, the company is generally open to sell shares, while the United States is a shareholder of the company to transfer equity to others. "It's hard to make sure that the way it is sold is legal," said Taobao, who is unable to guarantee that other people are buying the shares he sells, such as holding 1 copies and selling 10 copies. "Shili said.