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How N1CL Pays For News, FTL, etc. In Perpetuity?
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Joined: Jan 01, 1970
|Post subject: How N1CL Pays For News, FTL, etc. In Perpetuity?
Posted: Mon Jan 29, 2018 5:40 am
[Started 1-28-18, revised 2-3-18, 2-16-18, 3-20-18, 2020=09-18,
1. The N1CL is a LLC (limited liability corporation). For now we chose this form of control
in order to maintain the N1CL's purpose and form as stipulated in the N!CL operating agreement.
We will adjust form of ownership and control as necessary to maintain how much the N1CL pays for WOUs(5%)
and "publicly tested News"(50%) of SGR in perpetuity.
2. The N1CL will pay 50% of Stipulated Gross Revenues(SGR) divided between Reporters, Editors/Correctors,
Verifiers, and Challengers to create accurate News, as long as they agree to use the N1CL Q&A Procedures,
and accept the results of N1CL readers votes on deciding who gets paid. e,g. A successful challenger can earn up to 25% of the SGR allocated to a report.
Reporter always gets at least 25%(They could get the 50%) of the Reporrts share of SGR for an unquestioned report).
Challengers and verifiers share up to 25% of the Reports share of SGR.
Any non reporter contributor must be voted at least 20% of the 25% of Reports SGR. Eliminates trivial contributions.
The 50% percentage of total N1CL SGR allocated to any report is decided by any reports % of total 'first hit' readers
lasting 15 seconds of all reports, per the nest 30 days, paid on 1st business day following the 30th day..
e.g. as long as a report gets 15 second first hits from any (free to register)registered reader,
it shares in 'first hit' revenue for that 30 day period of time.
rexcept znyone can read the Front Page and use the Ads
Free 1st $100.00 Ad cost to advertizer for signing uo purchaser as N1CL member.
We pay the new member the 25% share of Ad revenue on the their 1st $199 of purchases..
There is no cost to register, so you can read whole site and be paid to use our Ads..
Anyone can read Front Page and follow its links.
Only registered N1CL users can participate in Q&As and the N1CL games,
i.e. get paid for participating in Q&As, comment on articles or participate in N1CL forums & games.
The minimum unit of 'first hit' time for any report = 30 days.
Future voted material challenges or corrections restarts the 30 days.
Stipulated Gross Revenues(SGR) = All revenues but:
( a.) 10% of total revenues for operational overhead,
(b.) Monetary transaction costs and all taxes,
(c.) These "Competitions & Games" revenues are paid separately by the participants. They are made possible
by the Q&A Dialogues and pay 95% out by rule to participants.
The remaining 5% of "Game revenues" is the cost to the List of running these "Competitions & Games".
3. The N1CL will use at least 20% of SGR to develop Faster Than Light(FTL)instant entangled
quantum communication to any interstellar distance, which also makes possible FTL interstellar spaceships.
Instant entangled quantum communication anywhere else in the universe
is made possible by the Pending Patent Invention described on the N1CL Front Page.
Entangled communication greatly increases our prevention chances. I consider it probable that we lose
the electromagnetic/satellite internet just when we need it most for disconnection coordination.
This means fiberoptic cable and radio(single sideband) radios. Morse code when necessary.
I can list three certain to occur causes at some point in the future.
(a.) A Carrington event. The solar storm of 1859, also known as the Carrington event, was a powerful geomagnetic
solar storm in 1859 during solar cycle 10. It fried our telegraph lines crippling electric communications.
(b.) A Magnetic Pole Reversal looks like it is already underway and long overdue.
(c.) Satellite collisions that increase number of particles in orbit causing an exponentially accelerating number of
intersecting objects in orbit = more collisions = millions more pieces = more collisions. Once started, no stopping.
Whoosh, no satellites in lower orbits.
4. The three N1CL managers will divide 1% of the N1CL 10% pf Total revenues as their compensation.
.5% to The List Keeper and .25% each to his two successors. Upon leaving as List Keeper for any reason the
"first assistant" manager will become the List Keeper and appoint a new second assistant manager.
All managers will take an oath to maintain the purposes and earmarks in perpetuity.
They each will also receive 5000 WOUs upon becoming a manager.
Any other needed expenses will come out of the 10% allocated to all administrative overhead.
When managerial expenses are less than 10% then this surplus will be devoted to peaceful space exploration.
"I swear to speak honestly and seek the truth when I use the No 1st Cost List public record."
Last edited by Dan on Fri Sep 18, 2020 9:26 am; edited 3 times in total
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