Magic Mtn will open for 2010-11!

[RustyGroomer]

A proper bump. Magic's own mtl1076 taking a little time off to visit the white room.

Hopefully we can get him our for more days like this next year.

Oh' &.......
1) neil
2) 2knees
3) severine
4) TheBEast
5) OSME (holy shit he's back!)
6) wa-loaf
7) Pepperdawg
8) Snafu
9) skifastr
10) reefer
11) RustyGroomer

I haven't contributed on AZ yet. Another $100 won't impact me too much.

 

[AdironRider]

So, the give and get thing is cool and all. But if Magic pulls through and starts pulling a tidy profit, what do the shareholders see in return?

I looked over their entire site and cant find anything. Everything is about getting the project moving, but nothing about what will happen if its a success. Do the shareholders see a dividend? Do they just keep on selling shares until the end of time for a good feeling? I admit I could have missed it, there was a lot of stuff to read in there, but anything, or does the 40% ownership guy see all profits?

Id love to be in on a ski area, but Im not just going to personally bail some guy out for the warm fuzzy feeling inside.

End devil on shoulder money rant.

 

[neil]

So, the give and get thing is cool and all. But if Magic pulls through and starts pulling a tidy profit, what do the shareholders see in return?

I looked over their entire site and cant find anything. Everything is about getting the project moving, but nothing about what will happen if its a success. Do the shareholders see a dividend? Do they just keep on selling shares until the end of time for a good feeling? I admit I could have missed it, there was a lot of stuff to read in there, but anything, or does the 40% ownership guy see all profits?

Id love to be in on a ski area, but Im not just going to personally bail some guy out for the warm fuzzy feeling inside.

End devil on shoulder money rant.

Maybe just having the feel-good factor, and the ability to continue skiing/riding at Magic is more than enough for the shareholders?

Does MRG pay out dividends?

 

[bvibert]

Maybe just having the feel-good factor, and the ability to continue skiing/riding at Magic is more than enough for the shareholders?

Does MRG pay out dividends?

As far as I know MRG has provisions to pay out dividends to shareholders but never has. I believe that any profits are put back into the mountain.

 

[RustyGroomer]

The only dividend I want is for myself & my friends & family to be able to continue skiing there for many years to come. I think nearly all the shareholders feel the same way.

 

[riverc0il]

The concept of buying a Coop share at a ski area is not an idea on return on investment but rather protection and longevity of the business. MRG has some sort of dividend structure in place but I think it is unlikely to ever be put into effect. It ain't about ROI. It ain't about investment. It ain't about ever seeing that money again (though with MRG you can sell back your share. don't know about Magic but that still is not what it is about regardless).

 

[orangegondola]

Do the shareholders see a dividend? Do they just keep on selling shares until the end of time for a good feeling?

AdrionRider,

Valid questions. One of the 40% guys is Jim Sullivan and if you are seriously considering purchasing a share, I know Jim would be happy to walk you through the plan in person or on the phone. 802.824.5645 is the office number.

Hope this helps and you decide to "get in on a ski area" :wink:

 

[orangegondola]

Posted a little Magic history on Save Magic. Flame away I am a ski nerd to the core.

 

[bvibert]

"WIDE SMOOTH & WONDERFUL" I love it! Keep em coming!

 

[neil]

Nice stuff. Such a cool mountain. Can't wait to get out there next season!

 

[thetrailboss]

While in some cases there can be "too much information," this is not one of them....keep it coming!

 

[jrmagic]

Its been a while since I've been on AZ. Nice to see the support! I'm in for $100


1) neil
2) 2knees
3) severine
4) TheBEast
5) OSME (holy shit he's back!)
6) wa-loaf
7) Pepperdawg
Snafu
9) skifastr
10) reefer
11) RustyGroomer
12)jrmagic

 

[neil]

Take a look at the off season improvements, http://forums.alpinezone.com/showthread.php?t=78244

I'm sure AZ can buy a share. Let's do this!

 

[jrmagic]

I'm thinking we'd be more likely to pull this off if this was a separate thread. Any thoughts?

 

[RustyGroomer]

Do it jr. Certainly can't hurt. If nothing else we just get another positive Magic thread. :beer:

 

[TheBEast]

I'm thinking we'd be more likely to pull this off if this was a separate thread. Any thoughts?

Worth a shot! Fire it up!

 

[orangegondola]

Shameless bump to keep the momentum of the Alpine Zone Share, updates continue at Save Magic.

 

[TheBEast]

Bump....lets get this thing to 30!!! Who's starting up the seperate thread?

 

[RustyGroomer]

Just bought my pass bump!

 

[orangegondola]

Just got mine and one for the wife.

Bump

I spoke to a friend today who is buying a share this week, he had to sell his BMW M5 to do it. Now that man believes in Magic.:beer: