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Why is N1CL a LLC? How allocate SGRs? How pay for FTL?.

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Site Admin

Joined: Dec 31, 1969
Posts: 326
Location: USA
PostPost subject: Why is N1CL a LLC? How allocate SGRs? How pay for FTL?.
Posted: Mon Jan 29, 2018 12:40 am

Started 1-28-18, 2-3-18, 2-16-18 revision

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 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.

The percentage of total N!CL SGR allocated to any report is decided by any reports % of total 'first hit' readers of all reports per unit time.

i.e. as long as a report gets hits from a new first time reader it shares in 'first hit' revenue for that period of time.

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.

Minimum unit of 'first hit' time = 24 hours.

Stipulated Gross Revenues(SGR) = All revenues but:

( a.) 10% of total revenues for operational overhead,

(b.) Monetary transaction costs and all taxes,

(c.) "Competitions & Games" made possible by the Q&A Dialogues 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 internet just when we need it most for disconnection coordination. 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 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 SGR 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 500 WOUs upon becoming a manager.

Any other needed expenses will come out of the 10% allocated to administrative overhead and cease when the List Keeper decides the 1% is adequate to cover all manager expenses.

"I swear to speak honestly and seek the truth when I use the No 1st Cost List public record."

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