NagbeFinancial10

The General Steel Corporation will initially be designed with the capacity to manufacture steel products needed for the construction of factories, office buildings, residential quarters for MSE Fortune 20 Companies, including steel structures for the construction of several basketball stadiums throughout designated locations. There are several reasons why a professional basketball league will in the beginning be a primary focus, which will be explained in the section related to the professional league corporation. In the mean time, these coliseums are where the professional basketball league and other professional sporting activities will take place. Proceeds generated from games played in these coliseums will also be used to repay the General Steel Corporation. Let us note that with modern architectural designs, these structures can be built with over 95% steel rods and plates. Therefore operating rights given to such companies as LAMCO, among others, to export iron ore at depressed prices will then be turned over to this company - one owned by mostly Liberian shareholders or whoever owns the most shares and resides in Liberia.

The General Utilities Corporation will be initially designed with the capacity to serve all corporations herein mentioned, including other designated facilities as the stadiums, etc., and will be repaid in goods or services by these corporations, among others. For example, Water & Sewer will need electricity for its operations, steel for further expansion; some of its employees may need water and sewer for their respective homes, tickets to attend basketball or other games. In this case, corporations' managements may provide their employees with a one-year or more seasons' tickets in return for salary deduction. To obtain tickets for employees to attend games held in the coliseums, corporations' management may provide management services to the coliseums, etc.

The General Construction Corporation will be initially designed to ensure that contractors hired to design and construct buildings, including highways and other structures for all corporations herein mentioned. It will adhere to the terms and conditions stipulated in contracts and agreements effectively and efficiently; that is, for the construction of all structures which the General Construction Corporation may not be prepared to undertake. GCC will be credited and repaid accordingly and perhaps in similar manner described earlier.

This is the building in which the Monrovia Stock Exchange trading activities will occur. Also included within its design could be office spaces and, if deemed appropriate, shopping centers. This building could also be designed to house the Shareholders' bank.

The Shareholder's Bank Corporation is the bank in which every Liberian participating shareholder's money could be transferred. It will no doubt be equipped with the latest in security technology with around the clock armed guards, etc. It will be owned and operated by the Board of Directors chosen by those shareholders who may choose to own shares in this corporation. They may however own shares in other corporations. Please note that as it is the case with all other corporations, your participation in the decisions that affect the operation of the corporation is based upon the volume of shares you own in a particular company. Consult your stockbroker for further details or you may visit stock exchanges any where around the world and talk with experienced stockbrokers.

The Highway & Transportation Corpration will be initially designed to provide transport services to all MSE FORTUNE 20 Companies, the teams of the National Basketball Association Corporation. This Corporation will issue out monthly bus passes to all who uses its system. The companies may choose to purchase the passes from HTC and give them to their employees. The companies will in turn make salary deductions or as may be agreed. These companies will have or will be providing HTC with certain goods and services. They will then make the necessary deduction or credit to the account of HTC as will be agreed.

The Postal & Telecommunications Corporation will be initially designed to provide postal and telecommunications services to all of the companies listed, including facilities constructed by the Housing Estate Development Corporation. Such services will include making sure that every employee who works with any of the corporations listed receives his mails at their specified addresses: at home whether that employee lives in a town, village or any part of the country no matter how distant, and that their mails are delivered externally in like manner. this service will be extended to all who resides within buildings run by the HEDC. Everyone living within the borders of Liberia can apply for PTC's services.

Like the Steel Corporation, Liberians will no longer have to export latex at depressed prices, thanks to the Rubber & Plastic Corporation which will be initially designed to manufacture specified rubber fixtures, including other structures needed to construct, establish and operate those corporations mentioned and even the professional basketball coliseums. There is a good why professional basketball is being considered, which will be fully explained later. There will be thousands of rubber parts and fixtures which RPC will be initially designed to manufacture. Considering the fact that rubber is found in most consumable products, we will recommend the establishment of an institution specifically designed to teach the skills needed to manufacture various types of marketable plastic products, especially tires.