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About no1stcostlist.com™ 09-20-11 We Owe U (WOU) N1CL units: List of Lenders, Awarded to, How buy

Why & How Do N1CL We OWE YOU(WOU) units work?

Since we can not issue stock without putting the share holders interests ahead of the Members interest in protecting and maintaining the N1CL purposes in perpetuity, I was left with a problem: How do we raise capital? A lawyer told me as a sole proprietorship, you can borrow money from anybody on any terms both parties agree to. Ergo N1CL WOU units.

There are 100,000,000 N1CL WOU units. They will be repaid with 5% of N1CL stipulated gross revenues in perpetuity = forever. Stipulated gross revenues = $100 application fee and the $20 a month member fee plus other revenues to be decided upon in Beta. For sure, ad revenues will be. Denominated in whatever the nominal currency used to pay these fees in is. Should we increase the amount of membership fee or raise the monthly member fee, then the 5% will reflect this increase when collected. In short, the stipulated gross revenues are based upon whatever the member joining fee is, plus the monthly dues, ad revenues and (tobe decided), in whatever currency the member(s) pay with. There will be no special breaks for any members, we all pay the same, except for hardship exceptions.

When do we pay the 5% of defined gross revenues?

The 5% will be collected and paid on the 2nd Friday of the following month. A $1 minimum payment paid electronically for free to your n1cl account upon request. Payments to any other electronic account of your choosing are less any actual transaction charges for the transfer. The N1CL adds 10% to any actual transaction costs for its costs.

Amounts less than $1 will be accumulated in the members name and starting after the month collected will share proportionately in any interest earned by this "unpaid 5% account". No interest on amounts under $10. WOU owners may choose to accumulate there share of 5% in 'unpaid' account.

We have one lender at present. I refused to continue borrowing using them until the list was operational.

I also award them as rewards to those who have made good suggestions, etc, towards building the N1CL.

We will be using these WOU units to compensate Beta Testers and in the process establish their market value. Since the last transaction was $2 = N1CL is worth at least $200,000,000 dollars. During Beta, the Testers will earn WOUs for testing time, and then pay the $20 a month Member cost with them. They can substitute actual $dollars$ instead; and they can buy them back for cash starting at %5 each, then going up $1 a week in price to %10.

In addition, we will offer one million WOUs at $10 each to investors. Members and Beta Testers will be given preference.

[size=18]
LENDERS


1. Andy Wood in 2006 lent $5000 for 2500 N1CL WOU units.
I have lost touch with Andy. He was a bookkeeper. He had a son in the air force, officer and flier, married w. kids as I remember stationed in Utah. Andy would be at 66 now(2011). After the disconnection we must find him.

AWARDED WOU units


60,000 WOU units to Dennis Morgan, my first programmer. He built first working model N1CL and the died, a massive coronary just as we were to go Beta. We worked out many of the details.

100 WOU units to Mark Guadelupe: For suggesting CPG Dragonfly. Without its built in functions it would have been far to expensive to build the software.

100 WOU units to Mark Guadelupe: For finding the open source "handclasp logo".

100 WOU units to B. Mcmahan for helping with creating 'Questions From Anyone
Answers For All'

100 WOU units to Marko for his great question:"How many ways to end Dialogue?".

100 WOU units to A. Zosa for being patient and a very competent sys admin.
100 WOUs to A. Zosa 02-05-10, switching Backup around.

100 WOU units to Carl Gilliam for putting headline above box on Page 1 instead of inside at top. My ambiguous instruction led to perfect place for Headline that tied into instructions etc in box below.

1500 WOU units 8-1-09 to Marko for installing Q&A and beginning debug.

12-19-09 100 WOU to Marko, we worked out more on Q&A, he is starting to see it more clearly. when we finish this stage, a nice bonus for him.

12-19-10 500 WOUS to Albert Zoza for monitering and transferring servers at M-5

05-07-11 150 WOUs to Albert Zoza for fixing registration problem.

06-01-11 100 WOUs to Albert Zosa for fixing bolding and explaining how.

07-2-11 50 WOUs for removing 1 year back up from dedicated servers.

07-18-11 100 WOUs for working on Backup.

09-20-11 50 WOUS to Carl Gilliam for good ideas on buttons.

Posted by admin Saturday, June 14, 2008 (23:18:54)
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N1CL Mechanics

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Re: 09-20-11 We Owe U (WOU) N1CL units: List of Lenders, Awarded to, How buy (Score: 1 )
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Dan: Equation news & todo: Whait the identity objective identity described in MT below does is porvide two vectors from "objective observers" center point that terminate on each edge of Moebius surface giving a straight perpinducular line from edge to edge. Further one vector terminates of Plus side of surface and the other terminates on the Minus edge for every possible point on M surface. Since there is a distance between the two sides of surface for practical navigation purposes we can say the line between the two vector ends runs between the two sides. However there is one point on M 's circumference where it is impossible to use t(edited) vectors = the inner end of the Bowtie line. There the two vectors end side by side, one above the other so to speak at BT line's lower end.
02-Feb-2012 19:43:56
Dan: Equation news: figured out the base objective equality that defines the precise center of a Moebius geometry with respect to all points on its surface. From which the "neutral observer watches", the objective observing point. Where God would sit. It is, as usual, as obvious as the nose on your face once pointed out.
28-Jan-2012 22:17:52
Dan: Watching the Republican debates is refreshing. They are so childlike in there greedy hypocrisy. They claim to be Christians but cheer for attacking and starting wars for no other reason than they think the USA is too strong to be defeated. They better hope Christ is not an actual piece of the Godhead who said,"There are no commandments greater than these two, "Love God with all your heart, mind and body; and Love your neighbor as yourself." Lying to start a first strike war is in direct violation of those two commandments. Wow! These false Christians better hope their God is not a vengeful one as many of them proclaim. That God loves to punish greedy stupid cowardly hypocrites who violate God's commandments.
27-Jan-2012 19:59:53
Dan: Bingo, Robert Heinlein shows the dividing 'action or inaction' that explains our political leaders public behavior. "Political tags - such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth - are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire." Robert A. Heinlein. I can't, nor would I tell you what to do. You by nature or choice have to choose to treat others as equals, worth of love and respect. That is the path of life, making others do what they do not choose is certain societal death.
15-Jan-2012 04:32:40
Dan: Ghandi, "Disobedience to the law of the State becomes a peremptory duty when it comes in conflict with the law of God.".
12-Jan-2012 08:19:16
Dan: Locate yourself on a Moebius Eq: You only need three ravs from a zero point to describe a 3-D coor. system, A Moebius has two sides to its surface, so any pair-points sitting 'back to back' necessarily have 3 rays on each side of M. The question is, "What does this do to the 'plus/minus relationships between this two sided coor. system?
09-Jan-2012 03:18:37
Dan: "In fact, it is not "Judge not, lest you be judged."; it is, "Judge not yourself, and be judged.". Each of us acts or does not act according to how the particular circumstances we face affect our self-interests. Your self-interest, as mine, rests directly on the continued existence of life on Earth.
02-Jan-2012 05:35:58
Dan: What our central banks are doing to cover up our big banks bad debts: "A person who can't pay gets another person who can't pay to guarantee that he can pay. Like a person with two wooden legs getting another person with two wooden legs to guarantee that he has got two natural legs. It don't make either of them able to do a walking-match." Charles Dickens
26-Dec-2011 05:36:14
Dan: "There is no instance of a nation benefitting from prolonged warfare." Sun Tzu The USA is a good example.
25-Dec-2011 07:01:54
Dan: "In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing." Theodore Roosevelt
24-Dec-2011 15:27:37
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