ilcuquiTHE F*** WITH FASHION

From packers.com:

Packers stock sale to begin Tuesday, Nov. 16

Nov 15, 2021 at 10:30 AM

The Green Bay Packers today announced preliminary details for the organization's upcoming stock offering, just the sixth in its history, which will commence, Tuesday, Nov. 16, at 8 a.m. CST.

More information, including the formal offering document, will be available when the offering commences. Interested fans will be able to access the full information tomorrow online at www.packers.com.

"We appreciate the interest that fans have expressed in our sixth stock offering," said Packers President/CEO Mark Murphy. "While we are not yet in a position to fully discuss the offering, we do have some initial information that we can share for fans to consider. We look forward to formally launching the offering tomorrow.

"Fans can look to Packers.com tomorrow for full details."

Following is a list of details currently available:

The price per share will be $300, and there will be a handling fee similar to the handling fee in the last offering.
The offering will initially be limited to persons in the United States, as well as Guam, Puerto Rico and the U.S. Virgin Islands, subject to completing regulatory processes in certain states.
Shares will be able to be purchased online with credit cards, debit cards, or electronic bank transfers, or with personal check or cashier's check by mail.
Only individuals (including spouses as joint tenants) will be able to purchase shares; individuals can purchase shares as a gift for other individuals.
The Packers will offer 300,000 shares.
No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 and 2011-2012 offerings).
The offering will continue until Feb. 25, 2022, subject to extension.

In contemplation of the offering, interested fans should note:

Stock in the Packers does not constitute an investment in "stock" in the common sense of the term.
The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock.
Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits.
Any offering of Packers stock will only be made through an offering document.
The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to any offering or sale of Packers stock.
The Packers bylaws and NFL rules severely restrict transfers of Packers stock.

11/15/2110:53 AM

Original Post

Replies sorted oldest to newest

ChongoX4 O.G.

Those snow hills don't build themselves!

11/15/2111:21 AM

MichiganPacker2Member

AKA,

we need 90 million to pay the potential Davante Adams and Jaire Alexander signing bonuses

11/15/2111:23 AM

ilcuquiTHE F*** WITH FASHION

IIRC the NFL has permitted Packers' stock sales only for the purposes of upgrading Lambeau Field infrastructure and facilities. I believe this offering will be used to modernize the video boards inside Lambeau and make improvements in the concourse.

11/15/2111:27 AM

HenryYou rang?

Can they refurb the FO too?

11/15/2111:41 AM

IowacheeseKeen Insight

Best scam around. $300 a head. And the wall lickers will line up for the ceremonial piece of paper.

11/15/2111:42 AM

michiganjoeMember

An expensive novelty item (yes, I do own it).

11/15/2111:53 AM

The HecklerMember

Yes I know its only something that will be framed on my wall I still plan on getting myself an early Christmas present.

11/15/211:05 PM

Tavis SmileyMember

Pass

11/15/211:54 PM

tsr86freeMember

Run

11/15/211:56 PM

GoldieMember

I love mine….. ♥️ 💚 💛

11/15/212:00 PM

YATittleMember

@michiganjoe posted:
An expensive novelty item (yes, I do own it).

Me, too, from 1997.

11/15/212:16 PM

Blair KielGOOD OL' FAKE BLAIR KIEL - My Hood? nice Henry. Fuck You!

@Iowacheese posted:
Best scam around. $300 a head. And the wall lickers will line up for the ceremonial piece of paper.

My degree from DeVry University cost $500, so this is a deal.

11/15/212:32 PM

lovepackMember

It's one of the most exclusive and difficult pieces of sports paraphernalia to get. If they aren't currently offering, then you can't have one at any price.

11/15/213:03 PM

QuietOneMember

So is one share now worth two? Asking for a friend.

11/15/214:10 PM

ChongoX4 O.G.

@Goldie posted:
I love mine….. ♥️ 💚 💛

Was it from the $3 offering?

11/15/214:13 PM

GoldieMember

@Chongo posted:
Was it from the $3 offering?

No……

11/15/214:17 PM

GreenBayLAMember

Oh great, a bunch of new owners with big ideas coming in to attempt a coup of the OG stockholders. Not so fast kiddos! driver

11/15/214:23 PM

H5Keyboard Warrior, troll hunter

@QuietOne posted:
So is one share now worth two? Asking for a friend.

Essentially, yes. None have any value (worth), so 1 or 100 has the same monetary worth. Of course, if you own enough you could control the Annual Meeting and possibly have a say in the FO.

11/15/214:24 PM

H5Keyboard Warrior, troll hunter

Packers got fined $300,000 for violating Covid protocols last week.
They'll make that back in the first 10 minutes of their stock sale.
— Andrew Brandt (@AndrewBrandt) November 15, 2021

11/15/214:28 PM

HenryYou rang?

@H5 posted:
if you own enough you could control the Annual Meeting and possibly have a say in the FO.

EVERYONE! GOFUNDME!

11/15/214:45 PM

4 FavreMember

I'm very smart I bought Packers stock last time and then didn't buy bitcoin.

11/15/214:51 PM

H5Keyboard Warrior, troll hunter

I knew you wouldn't disappoint Henry.

11/15/214:59 PM

MichiganPacker2Member

I spent $200 for a share of Packers stock in 1997. Apple stock was about a dime per share at the end of 1997. I could have had 2000 shares of Apple. Apple split 7 to 1 in 2014 and 4 to 1 in 2020. So, by my calculations, I could have had 56,000 shares of Apple right now worth 150.00/share.

11/15/214:59 PM

TimpranilloMember

@MichiganPacker2 posted:
I spent $200 for a share of Packers stock in 1997. Apple stock was about a dime per share at the end of 1997. I could have had 2000 shares of Apple. Apple split 7 to 1 in 2014 and 4 to 1 in 2020. So, by my calculations, I could have had 56,000 shares of Apple right now worth 150.00/share.

It was a dime adjusted based on stock splits. The cheapest Apple stock was in 1997 was 13.06 July 2, 1997.

Still, you could have bought 15 shares in July of 1997

Apple splits since then.

2:1 in 6/2000
2:1 in 2/2005
7:1 in 7/2014
4:1 in 8/2020

So yes, your 15 shares at $13 would now be

1680 shares at $150

$200 --> $252,000

11/15/215:19 PM

Dr._BobMember

Now I want to invest in a time machine.

11/15/215:37 PM

Timmy!TIMMAAAAYYY!!

Every time Packers stock is discussed, I'm compelled to share my favorite story.
Many years ago, Mrs Timmy! was in a jury pool for a trial. In a nutshell, one guy promised another guy an ownership stake in his company, then developed amnesia when it came time to pay up.
One question being asked of the potential jurors was if anyone had an actual stock share at home. Mrs. Timmy answered in the affirmative, which surprised the lawyers and judge. The judge asked her if she was sure about that, saying that would be very unusual.
She told him yes again, explaining her husband owned stock in the Green Bay Packers, and his share was hanging on the living room wall.
This created a lot of murmuring amongst the jurors and lawyers; she was hearing whispers of "how cool!", "holy cow!", and so forth.
She got picked for the trial.

11/15/215:50 PM