I'm the CEO of Marster Investment.
I hope GLBSE accepts my IPO and I will issue 250k shares. The IPO is planned for August 22th. (or something like that, we are not listed yet)THE FUND:
I will invest the money outside of GLBSE in real stocks. I expect some modest profits, the stock selection will be based on the value investment principles.
If the bitcoin price rises you won't profit from that rise, if it sinks you won't make losses.
The plan is to have some fun and make some real money.
We will start small and I will buy a lot of the stocks. Feel free to join my corporation as a shareholder!
So you're starting a mutual fund that takes investment in btc, converts it to usd, buys publicly traded stocks (NYSE, NASDAQ, etc), then converts usd back to btc to pay dividends.
There are quite a few regulations for this sort of thing. Do you have a Series 7 license? If not, you should probably reconsider.