Own a Piece of Paper Implying Stock That Has No True Value Yet Ceremoniously Says You Own a Piece of the Packers. Or Don't. What Do I Care.

Ddon't worry, the Redskins fan police aren't going to show up and revoke your fan card.

If you are a fan of football (and are willing to dish out the 250) I see no problem in doing this even if you are a fan of another team. The Packers are such a historic franchise, it would be really cool to do this.

I think its cool. Don't know the legalities of it, but if things were a little different with the team and the law did not get in the way, THE Dan would mop up doing something similar.......

Green Bay is ripping people off.

Its a scam to call these things "Common Stock". I dont know what they are but you cant sell them and i dont think you can ever redeem them. The only thing you get is a "vote", but who knows to what extent. Plus does anyone do anything but trash their proxies when they get them in the mail?

The fact that you have to search the site to find out how much they cost makes this even worse. It costs $250, fyi. They set their site up so that some people will enter in all their information prior to even finding out how much these things cost is ridiculous.

If you want to look cool by framing a stock you can use this service:

Buy One Real Share of Stock. Gifts of Disney Stock and More! (http://www.oneshare.com/)

At least you actually have a real stock thats worth somthing and can be sold.






COMMON STOCK DOES NOT CONSTITUTE AN INVESTMENT IN “STOCK” IN THE COMMON SENSE OF THE TERM.
PURCHASERS SHOULD NOT PURCHASE COMMON STOCK WITH THE PURPOSE OF MAKING A PROFIT.



Q If I purchase shares of Common Stock, will I be able to resell or transfer the shares to other people?
A No. You cannot sell, assign or otherwise transfer shares of Common Stock to a third party, except that you may transfer shares to an “immediate family” member by gift or in the event of death. “Immediate family” is defined as the spouse, children, mother, father, brothers, sisters, or any lineal descendent of a shareholder.

FAQ (http://packersowner.com/faq)

The cost is right in the FAQ, I didn't think it was hard to find.

The cost is right in the FAQ, I didn't think it was hard to find.

Honestly after realizing the price of the "stock" was left off the main page did you look to find the price by first clicking on the Purchase button or looking through the FAQ? The whole thing is deceptive.

If it was a fluxuating stock price i would get not have the price listed right on the main page. But for the main page to offer something for sale as complex as a supposed financial instrument and not show the price is deceiving to me. If youre selling fake "common stock" you should at least be upfront with the price.

Honestly after realizing the price of the "stock" was left off the main page did you look to find the price by first clicking on the Purchase button or looking through the FAQ? The whole thing is deceptive.

If it was a fluxuating stock price i would get not have the price listed right on the main page. But for the main page to offer something for sale as complex as a supposed financial instrument and not show the price is deceiving to me. If youre selling fake "common stock" you should at least be upfront with the price.



I clicked the FAQ and found the price in all of 2 seconds.

Plus they state this right up front:

COMMON STOCK DOES NOT CONSTITUTE AN INVESTMENT IN “STOCK” IN THE COMMON SENSE OF THE TERM.

PURCHASERS SHOULD NOT PURCHASE COMMON STOCK WITH THE PURPOSE OF MAKING A PROFIT.

Not sure I'm seeing the deception.

Maybe it's because it's I've been following this story for months now but $250 stock with no voting rights has been pretty common knowledge. But maybe it was only to me.

Either way, I don't think there was any intent to deceive

What a worthless racket of a stock. Sure you get a right to vote but so do millions of other shareholders and your voting rights are limited to what management wants you to vote on.

The deception is that they call this sale a common stock sale.