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Author Topic: Futurestock mistake  (Read 531 times)
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heli3d

Crustacean
*
« on: 10-27-2004 10:18 »

In the episode at the end, when they "vote it down like a raise for school teachers"

They show each of the employees voting against the takeover.... including Zoidberg's Claw voting, however, Zoidberg had already sold all his stock to "that guy"

Loz
Nerd-o-rama

Urban Legend
***
« Reply #1 on: 10-27-2004 11:06 »

Welcome to PEEL.

Good eye, but Zoidy was probably just being dumb and not realizing he had no power anymore.  I can't look at the ep right now, but I'll bet the "nay" side will be equal to everone else's shares, not Zoidy's (and probably not Fry's either, since he either abstained or gave all his stock to That Guy, only to re-inherit it.)
Eyedol7513

Liquid Emperor
**
« Reply #2 on: 10-28-2004 01:06 »

He never had a name, did he?
Nes

Delivery Boy
**
« Reply #3 on: 10-28-2004 01:21 »

Actually he does  smile Steve Castle - it's just never metioned in the show.

Nes.
Nes

Delivery Boy
**
« Reply #4 on: 10-28-2004 01:23 »

Also there are so many problems with that episode it's just best not to hurt your brain over it  big grin

It's too bad really beacause Futurama gernally is pretty good about continuity, but for this one everyone blame Brian Sheesley  smile

Nes.
heli3d

Crustacean
*
« Reply #5 on: 10-28-2004 01:49 »

haha yes.. BUT

when they had him push the clicker..

they made the ba bing... type computer noise adding up the votes....

i still think its a mistake ^_^

but yeah.. lots of other mistakes too with the zoidy owning 51% of the company......

and yeah someone else has mentioned it wasnt even a publicly traded company....  privately owned by farnsworth...

Loz
Nes

Delivery Boy
**
« Reply #6 on: 10-28-2004 01:51 »

I hear a brain-overload coming on...

Nes.
Prof. Wernstrum

Starship Captain
****
« Reply #7 on: 10-28-2004 18:24 »

 
Quote
Originally posted by heli3d:
but yeah.. lots of other mistakes too with the zoidy owning 51% of the company......

That's not a mistake, the shares were worthless so Hermes had no problem giving them to him.

 
Quote
Originally posted by heli3d:and yeah someone else has mentioned it wasnt even a publicly traded company....  privately owned by farnsworth...

Even if we ignore the likelihood that business laws have changed somewhat over 1000 years, I don't recall the Professor ever explicitly stating that he owns 100% of the company.
Nes

Delivery Boy
**
« Reply #8 on: 10-28-2004 19:25 »

oh wait! Did Zoidberg even vote for the new chairman? Or was he still wandering around looking for food?

B/c that would 'explain' the number irregularities.

Nes.
Evil Mirror Kif

Crustacean
*
« Reply #9 on: 10-28-2004 20:52 »

Cant take the errors...
DOES NOT COMPUTE! DOES NOT COMPUTE! DOES NOT COMPUTE! DOES NOT COMPUTE! ::starts mumbling somthing about seafood::
Evil Mirror Kif

Crustacean
*
« Reply #10 on: 10-28-2004 22:08 »

umm why is there even such a need to figure out how cubert inherited the Planet Express?? Of course this being the only ep. i didn't see I have no room to talk...

"I am significant! Screamed the dust speck."
-Calvin
heli3d

Crustacean
*
« Reply #11 on: 10-28-2004 22:57 »

thats right zoidy didnt vote when new guy was voted in.......

so assuming no other members 50000 + 50001 + zoidy's shares is 100% of the company...

now we know zoidy had 51% of the company...

so...  argh.. does not compute is right..

can someone tell me the total number of shares?

100,001 shares is 49% yeah?

so... zoidberg had umm 104,082.67346938775510204081632653 shares.......

i guess that in itself is an error.. but then you can count rounding of percentages and what not.

either way.. error.. zoidberg voted when he had no shares.. and they made the sound of his shares adding up.. (sounded suspiciously like 10,000 too)

all he had was the sandwich.

Loz
hobojobo

Bending Unit
***
« Reply #12 on: 10-28-2004 23:28 »

That's easy to explain, the program computiong the shares just rounded down.
Nes

Delivery Boy
**
« Reply #13 on: 10-29-2004 01:37 »

Well in that case I appologise to Brian for blaming him   roll eyes

Silly writers... :P

Nes. 
Nerd-o-rama

Urban Legend
***
« Reply #14 on: 10-29-2004 03:10 »

Note to my fellow PEELers: If you've got a long post, put it in word, SAVE IT and copy-paste it.  My PC locked up just as I was finishing this post originally, and now I have to re-type it.

Anyway, let's end this foolishness, shall we?

Act I
-----
Assumption: To elect a new CEO, you need a quorum majority; that is, the majority of the votes cast.  That's why Hermes keeps trying to end the voting early, whe the Professor is ahead.  The total number of shares in the company is not taken into account.

Leela: 10,000 shares (for Professor)
Amy: 10,000 shares (for Professor)
Bender: 10,000 shares (for Professor)
Hermes: 10,000 shares (for Professor)
Professor: 10,000 shares (for Professor)
Fry: 10,000 shares (for That Guy)
Scruffy: 40,000 shares (for That Guy)
Hattie: 1 share (for That Guy)
Zoidberg abstains.
Total shares without Zoidy: 100,001

That Guy wins, and then buys all of Zoidy's stock for a sandwich.

Act III
-------
Assumption: To approve a takeover, you need a majority of all shares; this is why the total percentage doesn't add up to 100% until everyone has voted.  This is assuming that either a) there are no public shareholders b) That Guy controls all public votes or c) in the future, the only votes that count are those by actual employees.  I will work with assumption a) for now.  Judging by That Guy's line, 
Quote
The shares Zoidberg sold me gave me control of the company
it seems that nobody outside of PlanEx actually bought stock or their shares don't matter, eliminating option b.
Assumption: The sound effect is for confirmation of a vote, and does not indicate whether any stock is behind it.
Assumption: Fry votes Against, even though it doesn't show him doing so, because no one is that stupid.
Leela, Bender, Amy, Hermes, the Professor, Scruffy, Hattie, Zoidberg, and Fry vote a total of 100,001 shares Against(note that Zoidy's vote counts for nothing.)
That Guy bids all of Zoidy's shares + any publicly held stock For, a total which is at least 100,002 shares.  So assuming no publicly held shares...

Leela, Amy, Bender, Fry, Hermes, and the Professor each have 10,000 shares. (60,000 total)
Scruffy has 40,000 shares.
Hattie has 1 share.
Zoidberg has at least 100,002 shares, and sells them to That Guy.
The total number of shares is 200,003.

Option c gives the same results as above, except that the total number of shares is the total number of voting shares, and it does not include Hattie's, reducing the total shares by two (Hattie's share doesn't count and That Guy needds one less share for a majority.)'

Phew.  With any luck, I bored you guys to death before I got to the end of this and you just assumed I was correct.
Squeaky

Liquid Emperor
**
« Reply #15 on: 10-29-2004 03:44 »
« Last Edit on: 10-29-2004 03:44 »

 I think it's not a mistake, but as NOR said just showing that Zoidberg isn't the smartest being in the world.

 
Quote
Originally posted by Nerd-o-rama:
Note to my fellow PEELers: If you've got a long post, put it in word, SAVE IT and copy-paste it.  My PC locked up just as I was finishing this post originally, and now I have to re-type it.

You can also use that to run spellcheck,  some people (like me) should use that in their posts.

Nes

Delivery Boy
**
« Reply #16 on: 10-29-2004 14:03 »

& potentially can't you make as many shares as you want?

It would be a little odd to have an un-rounded number, but it is also possible there is another share-holder that just didn't make it to any of the meetings.

Nes.
jerkberg

Starship Captain
****
« Reply #17 on: 10-29-2004 17:09 »

yeah like that guy who had the name begining with z and he was on screen for like 2 seconds in anthology of interest
Nes

Delivery Boy
**
« Reply #18 on: 10-29-2004 19:40 »

Zanthor?  laff

Nes.
Nerd-o-rama

Urban Legend
***
« Reply #19 on: 10-30-2004 00:24 »

I'm pretty sure every PlanEx shareholder voted in the last act.  Otherwise, it wouldn't have been 51/49, It would have been 51/42 or something.

And to come up with an even 51/49 split, assuming 100,001 votes against, That Guy (and earlier Zoidy) must have had exactly 104,803 shares.
The total number of shares in PlanEx would have been 204,804.

PLEASE NOTE that I just realized my "Non-employee votes don't count" scenario doesn't work because at the time of the sellout in Act III, everyone but Fry had been fired.
Nes

Delivery Boy
**
« Reply #20 on: 10-30-2004 00:33 »

They are percentages though, 51% of the people that were counted in the vote.

Nes.
Teral

Helpy McHelphelp
DOOP Secretary
*
« Reply #21 on: 10-30-2004 11:55 »

What I find puzzling is: in SP3k Farnsworth told Fry, Leela an Bender he founded Planet Express to fund his research. Now Planet Express is a public company, traded on the stock market.

As the sole owner of a private company Farnsworth can do pretty much anything, even using company assets to fund his crazy inventions. As a minority share holder in a public company he's limited to dividend payouts like other shareholders. And judging by PlanEx's latest fiscal report those dividends are pretty non-existent. So either Farnsworth found other sources of income, or he stopped doing crazy experiments.

 
Quote
Originally posted by Nes:
 potentially can't you make as many shares as you want?

Yeah, but you have to get approval from the current stock holders. Increasing the number of shares lowers the value of each individuaŠ share (since they represent a smaller stake in the company after new shares are issued). Depending on the rules of the company you either need a simply majority or 2/3. A few companies even operate with 90% approval needed.

 
Quote
by N-O-R:
Assumption: To approve a takeover, you need a majority of all shares; this is why the total percentage doesn't add up to 100% until everyone has voted.

This is not a critiscism, because under that asumption, your post checks out, more additional info. Usually you don't need a majority of all shares, simply a majority of the shares present at the meeting, provied at least 50% of the sharevalue are present at the meeting. In theory you only need approval from 26% of shareholders.

And then there are the little problem with the fluctuating sharevalue during Fry's little speech. Assuming none of none of the people thrown out of the meeting sold their stock, the value of the shares would still be 103, bacuse sharevalues are decided by the latest transaction completed, not by bids.
Nerd-o-rama

Urban Legend
***
« Reply #22 on: 10-31-2004 01:01 »

To Teral:

Real explanation: It's the future.  Stock laws are different.  Also, it's entirely possible that the Professor gets money from the company either by giving himself a massive salary and getting Hermes to cook the books, or, more likely, he just skims it like every other CEO.

Standard PEEL copout explanation: A wizard did it.
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