Gothamite Posted December 4, 2011 Share Posted December 4, 2011 Yes - we'll know tomorrow. The offering will end on a predetermined date, even if shares go unsold (tomorrow's offering is entirely composed of shares left over from the 1997 sale). The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
infrared41 Posted December 5, 2011 Share Posted December 5, 2011 Yes - we'll know tomorrow. The offering will end on a predetermined date, even if shares go unsold (tomorrow's offering is entirely composed of shares left over from the 1997 sale).How much of a chance is there of that happening? Serious question. I'm nervous that they'll all go within minutes on Tuesday morning. Link to comment Share on other sites More sharing options...
Eye Posted December 5, 2011 Share Posted December 5, 2011 So they may offer more than 250,000 shares? Link to comment Share on other sites More sharing options...
Gothamite Posted December 5, 2011 Share Posted December 5, 2011 So they may offer more than 250,000 shares?No, I don't think they can. They only have a limited amount of shares available, those left over from the last sale. If they want to sell more, then they have to do a stock split, which they really don't want to do. But in any case, it's too late - the SEC approved the offering as-is, and it cannot be adjusted halfway through. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
Eye Posted December 5, 2011 Share Posted December 5, 2011 I'm with infrared on this one, I'm afraid they'll run out of shares before I can buy one because I may not be able to purchase one until Wednesday. Link to comment Share on other sites More sharing options...
Gothamite Posted December 5, 2011 Share Posted December 5, 2011 I don't know - in 1997, they only sold 120,000. And that was when fans had been waiting 50 years to buy them. And we were in a half-decade of peace and prosperity. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
Sec19Row53 Posted December 5, 2011 Share Posted December 5, 2011 Well, the Packers just got $700+ of my money for playoff tickets. They'll have to do without my $250. It's where I sit. Link to comment Share on other sites More sharing options...
infrared41 Posted December 5, 2011 Share Posted December 5, 2011 Well, the Packers just got $700+ of my money for playoff tickets. They'll have to do without my $250.Good. More shares for me. Link to comment Share on other sites More sharing options...
floydnimrod Posted December 5, 2011 Share Posted December 5, 2011 Really want to do this, but my dad's words, "Don't waste your money." Mancakes: The Bandhttps://twitter.com/FloydNimrod Link to comment Share on other sites More sharing options...
Gothamite Posted December 5, 2011 Share Posted December 5, 2011 Really want to do this, but my dad's words, "Don't waste your money."Ah, a Bears fan. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
Sec19Row53 Posted December 6, 2011 Share Posted December 6, 2011 http://www.jsonline.com/blogs/sports/135091638.htmlThe first share went to someone in Texas. 1600 orders were placed in the first 11 minutes. It's where I sit. Link to comment Share on other sites More sharing options...
DDR Posted December 6, 2011 Share Posted December 6, 2011 I am now part-owner of the Green Bay Packers. Link to comment Share on other sites More sharing options...
Gothamite Posted December 6, 2011 Share Posted December 6, 2011 Welcome to the club, brother.I expected a strong start, although I'll still be surprised if they sell the entire offering.Reading the offering document now.For what it's worth, here's the sample certificate:Images of old certificates here, if you're interested in an historical review. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
Mac the Knife Posted December 6, 2011 Author Share Posted December 6, 2011 The web site is taking a serious hammering this morning - not unexpected.1,600 in 11 minutes sounds like they'll sell out quick. But I thought that in 1997 and they didn't come close when all was said and done.New styling from the 1997 offering. Looks like my certificate just went up in value a little (not that I'd part with it). LOL Link to comment Share on other sites More sharing options...
Gothamite Posted December 6, 2011 Share Posted December 6, 2011 Yeah, there's obviously a lot of built-up excitement, but 250,000 is an awful lot. Not to mention that the Packers have the right to issue up to 880,000 shares ($220,000,000.00 for those of you scoring at home).I love the new design, but am a bit put out that they skipped over the 1940s entirely with that logo review. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
infrared41 Posted December 6, 2011 Share Posted December 6, 2011 OK, we've got a confirmation number telling us they'll review the application and notify us. Does that mean we're in? Link to comment Share on other sites More sharing options...
Gothamite Posted December 6, 2011 Share Posted December 6, 2011 Don't remember how the last sale went.But buying stock isn't like buying a cap at the pro shop. The issuers have many legal obligations, and so the process often involves many steps.Who's bought so far? Did you get this message? The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
infrared41 Posted December 6, 2011 Share Posted December 6, 2011 This is what the offering file says...If the Corporation accepts a Subscription Agreement, then the Corporation will process the Subscription Agreement and forward stock certificates to the purchaser or the recipient as indicated. The Corporation estimates that processing will take approximately seven business days. The Corporation will forward certificates by two-day shipping after completion of processing, but there will be no deliveries prior to December 16, 2011.Barring something unforseen, looks like I'm a minority owner in the Green Bay Packers. HOT DAMN! Link to comment Share on other sites More sharing options...
Gothamite Posted December 6, 2011 Share Posted December 6, 2011 Congratulations. And welcome aboard. The Green Bay Packers Uniform Database! Now in a handy blog. Link to comment Share on other sites More sharing options...
pcgd Posted December 6, 2011 Share Posted December 6, 2011 I'm a Bears fan but this is one of those super cool things about the Packers and I wish my team offered it.For those that are owners, what is the advantage to owning multiple shares as an individual. I get you'd have multiple votes but in reality does one person having 4 votes really mean anything in the scheme of things? And I understand a family having multiples so every member has them, I'm just talking about individuals, I believe someone on here said they were buying 4. Link to comment Share on other sites More sharing options...
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