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Delivery|products=XP & XP Materials
Beacons & Tools
Building Materials|industry=Conglomerate|num_locations=6|num_employees=11|key_people=[[FKA_twink]] (CEO)<br/>[[Gobblin]] (COO)<br/>[[BritishWanderer]] (CFO)<br/>
'''Gabon Corporation''' made
== History ==
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In October 2020, the Corporation would move into an official HQ building in [[Whitehaven]], Salisbury in Gabon where they would operate out of, the location was chosen for its accessibility and quick access to the Corporation's agriculture facilities.
In the first quarter of operations (Q4 2020) the GabonXP Corporation smashed expectations set out by the Corporation's board and would be the Corporation's best quarter until
=== Expansion and a timeline of the Corporation ===
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Gabon Corporation Earnings Report Q1 2021</ref>
* May 24th: The board of the Corporation returns.
* May 24th: CEO, FKA_Twink, tables a proposal to all shareholders that entails the renaming of the GabonXP Corporation to the Gabon Corporation. This proposal includes the acquisition and merger between GabonXP Corporation and two other Gabonese Companies, G&W and Salisbury Holdings.<ref name=":0">[[File:GabonXP Corporation Shareholder Proposal May 2021.png|thumb|GabonXP Corporation Shareholder Proposal May 2021]]
</ref>
* May 24th: A stock split of 1>2 is declared, pending shareholder approval. The stock split proposal, if approved, would increase the number of shares in circulation from 2000 to 4000.
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* June 7th: The board of the Gabon Corporation publishes its meeting notes and declares its next dividend for Q2 2021. This board meeting discusses the past company acquisitions and future outlook of the Corporation. <ref>[[File:Board Meeting of the Gabon Corporation - June 2021.pdf|thumb|2x2px|!]]
Board Meeting of the Gabon Corporation - June 2021</ref>
* June 12th: BritishWanderer CFO tables a proposal to all shareholders regarding an overhaul of the share system, separating dividend and voting rights.<ref>[[File:Gabon Corporation - Shareholder Proposal 3 - June 2021.pdf|thumb|!]]
Gabon Corporation - Shareholder Proposal June 2021</ref> <ref name=":1">[[File:Shareholder Proposal to Overhaul Shares Gabon Corporation.png|thumb|BritishWanderer, CFO proposing to overhaul the share system of the Gabon Corporation]]
</ref>
* June 13th: A majority of shareholders approve the proposal laid out by BritishWanderer, CFO.
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* July 2nd: The Gabon Corporation publishes its Q2 2021 earnings report.<ref>[[File:GabonXP Corporation - Q2 2021 ER .pdf|thumb]]
Gabon Corporation Earnings Report for Q2 2021</ref> This earnings report is the Corporation's strongest quarter yet, earning a total net income of 2,984 diamonds.
* July 2nd: The Gabon Corporation declares a dividend of 0.32 diamonds per share, a 6.6% dividend increase in just one quarter.
* July 20th: Gabon Corporation unveils a new branch in Icenia, selling XP, XP materials and beacons.
* July 23rd: CEO FKA_Twink updates shareholders and increases the estimated earning forecast for the Gabon Corporation in Q3 2021. <ref>Gabon Corporation Forecast Q3 2021 by CEO FKA_Twink</ref>
==== August 2021 ====
* August 5th: The Board of the Gabon Corporation appoints Tvman999 to the position of Chief Strategy Officer in a unanimous vote of Class A shares.<ref>[[File:TvmanAppointmentToGabonCorporation.png|thumb|364x364px|The Appointment of Tvman999 to the Board of the Gabon Corporation. August 5th 2021]]
</ref>
* August 25th: The Board of the Gabon Corporation appoints Flushy & Ahrimanne to Executive Management positions overseeing the subsidiary of GabonXP.
* August 26th: The Icenian Branch of GabonXP is expanded and renovated; with the intention to set the groundwork for further expansion in surrounding nations.
==== September 2021 ====
* September 1st: The Board of Directors tables a fourth proposal to Class B shareholders regarding the exchange of 200 Class A shares into 200 Class B shares<ref name=":2">[[File:GabonCorpShareholderProposal4.png|thumb|308x308px|Gabon Corporation Shareholder Proposal 4 ]]
</ref>
*September 1st: Class B shareholders pass the fourth proposal with 57% of shareholders voting aye
*September 8th: The Gabon Corporation sells it's final owned share and as such the Corporation is now fully in public/institutional hands.
*September 8th: The Corporation created a formalised announcement channel and trading-floor in which shareholders can trade shares back and forth for diamonds.
*September 13th: The Corporation announces it is raising it's XP price by 33%.<ref>[[File:GabonCorporationXPPrice.png|thumb|311x311px|Executive Management of GabonXP, Ahrimanne, announces the price increase to shareholders.]]
</ref>
==== October 2021 ====
* October 5th: The Corporation publishes its Q3 Earnings report and smashes set expectations, with net income increasing 215% quarter on quarter. <ref>https://docs.google.com/spreadsheets/d/e/2PACX-1vQ2yQpgOAHNSse6sNLM8WuIzMJo9yBJFp6l3kOZJA5gpkwuyx3l0geBahmGg0bNMJI6-FdbGFp9kv5s/pubhtml#</ref>
* October 5th: The Gabon Corporation declares a dividend pay-out of 1400 diamonds, its largest yet at a rate of 0.35d per share.
* October 19th: The Corporation opens a branch of GabonXP in [[Cortesia Del Mar]], its first branch in the +,+ quadrant.
==== November 2021 ====
* November 11th: The Corporation opens a new branch of GabonXP in [[Lusitania (CivClassic 2.0)|Lusitania]], its third branch in the -,- quadrant.
== The Internal Business of the Gabon Corporation ==
=== Shareholdings of the Gabon Corporation & Voting Process ===
The Gabon Corporation is a public, joint-stock company. As of
The most common method for individuals wishing to purchase class B shares in Gabon Corporation is to buy shares from
As of
==== Class B Shares ====
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===== Share Breakdown =====
The breakdown of the Class B shareholdings as of
*
**'''67.85% (2714) General Public'''
**'''29.15% (1166) Governments'''
***16.15% (646) Gabon Government
***12.50% (500) Yoathl Government
***00.50% (20) Lusitan Government
**3.00% (120) Institutional Shareholders
***3.00% (120) Augustan Development Bank
[[File:Gabon Corporation Structure.png|thumb|629x629px|The Corporate Structure of the Gabon Corporation as of November 2021]]
The Gabon Corporation may use any of their held class B shares to reward employees or to bestow dividends on board members, although the voting rights of these shares is not able to be wielded by the Corporation on any proposals.
==== Class A Shares ====
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Employees may trade in their held class A shares to class B shares at a ratio of 1:1 pending a majority vote of approval by class B shareholders. Investors may see this as a way to approve or disapprove of an employee by choosing whether or not to reward employees with valuable dividend-paying class B shares. Shares exchanged will come from the Corporation's pot of purchasable class B shares as to not affect dilution.
As of
===== Share Breakdown =====
The breakdown of the Class A shareholdings as of
* 100% (4000) Gabon Corporation Class A Shares
**
***
*** 18.75% (750) [[BritishWanderer]] (
*** 12.5% (500) [[Gobblin]] (
**
***
***
***5.00% (200) Animeme_master (Executive Management - GabonXP)
***2.50% (100) Tvman999 (CSO)
**'''6.25% (250) Employee Class A Share Fund'''
Whilst usually boards of directors would have external individuals, the entire board is made up of internal employees or founders, even into the subsidiaries of Gabon Corp.
==== Share rights ====
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|}
==== Voting Process ====
Whilst both share classes possess voting rights, the Gabon Corporation intends to pride itself on being transparent and held responsible by its investors, and as such class B shares hold more importance in terms of voting power. For proposals that require the consultation and approval of Class B shareholders, a class A share vote shall be held internally prior.
All votes require a majority (51%) of held shares in that specific class in order to successfully pass - for the purposes of voting, corporation held class B shares do not count towards the necessary majority. Any proposal approval process held within the confines of a corporation discord channel or a signed letter by shareholders shall be valid for the cause of a vote.
Holders of class A shares, such of that as the Board of Directors and other employees may vote on proposals without the need for class B shareholder approval, such as but not limited to;
* Appointing an individual to the Board of Directors of the Gabon Corporation.
* Appointing an individual to Executive Management of the Gabon Corporation or its subsidiaries.
* Modifying the quarterly dividend paid to class B shareholders.
* Creating more class A shares.
Holders of class B shares, such of that of public investors, rewarded employees and institutional shareholders, shall be consulted on for their approval for certain proposals such as;
* Exchange of class A shares to class B shares.
* Liquidation of class A shares into diamonds.
* Creation of more class B shares.
* Acquisition of business whether it be via shares or monetary purchase.
* Any changes to the share system of class B shares.
Holders of class B shares may also, without consulting class A shares, cause for a vote on certain proposals such as;
* Removal of an individual from the Board of Directors of the Gabon Corporation.
* Removal of an individual from Executive Management of the Gabon Corporation or its subsidiaries.
===== Previous Shareholder Proposals =====
{| class="wikitable"
!#
!Proposal
!Class A Share
Approval %
!Class B Share
Approval %
!Proposal
Approved?
|-
|1
|Create the Gabon Corporation
& Acquire G&W and Salisbury Holdings<ref name=":0" />
| '''78%'''
| '''63%'''
|'''Yes'''
|-
|2
|Stock split at 1>2 <ref name=":0" />
| '''78%'''
| '''63%'''
|'''Yes'''
|-
|3
|Restructure the share system<ref name=":1" />
| '''56.25%'''
| '''84%'''
|'''Yes'''
|-
|4
|Exchanging of 200 Class A shares into
200 Class B shares.<ref name=":2" />
| '''68.75%'''
|'''57%'''
|'''Yes'''
|}
=== Subsidiaries ===
The Gabon Corporation is the parent company of three separate businesses, GabonXP, Salisbury Holdings and G&W Co. The Corporation operates on a collective budget wherein all profits from subsidiaries are sent back to the parent corporation which then divvies up the collective sum as next quarter's budget for each subsidiary. The budgeting for the entire Corporation is handled by the Financial Unit of the Gabon Corporation, headed up by the CFO.
==== GabonXP ====
Originally founded back in October 2020 as the predecessor to Gabon Corporation, GabonXP handles all of the internal emerald production and the crop producing facilities for the Gabon Corporation. It is responsible for the maintenance and day to day workings of fifteen farming facilities and properties as well as the security and storage of goods & emeralds. As of Q2 2021, GabonXP is the most profitable subsidiary in the Corporation's portfolio, operating on a budget of just 200d yet accounting for 37.5% of total revenue (excluding share sales). [[File:GabonCorpCage.png|thumb|379x379px|Patented system by the Gabon Corporation regarding employees in a cage for dandelion production. [by [[Ahrimanne]]<nowiki>]</nowiki>]]
GabonXP makes a majority of its revenue from XP sales as well as shop branches in other countries. GabonXP is also the management for the GabonXP Exchange in Salisbury.
===== Relevant Individuals for GabonXP =====
As of Q2 2021, the following individuals play a role in the management of GabonXP
* BritishWanderer,
* Tvman999
* Flushy
* Ahrimanne
==== Salisbury Holdings ====
Founded in March 2021, Salisbury Holdings is the management company for all commercial and residential properties under the umbrella of the Gabon Corporation. Salisbury Holdings manages 4 commercial properties and 15 other properties across 7 different nations on behalf of the Gabon Corporation and is responsible for the construction, design and maintenance of properties under their purview. As of Q2 2021, Salisbury Holdings has a budget of 300d, and accounts for 16.1% of total revenue (excluding share sales) of the Gabon Corporation.
Salisbury Holdings makes a vast majority of its revenue off of rent payments from private individuals and government institutions as well as the sale/construction of schematics globally.
===== Relevant Individuals for Salisbury Holdings =====
As of Q2 2021, the following individuals play a role in the management of Salisbury Holdings
* Gobblin
* FKA_Twink
==== G&W Company ====
Founded in 2019, Gabon & Westmore Company or sometimes known as Gobblin & Wanderer, was a retail venture established by Gobblin and BritishWanderer to sell diamond tools and prot as well as bulk building materials at low prices, mainly to newfriends or to emerging countries. It currently sits in three commercial properties which are under the management of Salisbury Holdings. As of Q2 2021, G&W is undergoing corporate restructuring yet is still in the business of selling beacons, building materials and providing delivery services. In Q2 2021, G&W had a budget of 300d and was responsible for 43% of total revenue for the (excluding share sales) Gabon Corporation.
===== Relevant Individuals for G&W =====
As of Q2 2021, the following individuals play a role in the management of G&W
* BritishWanderer
* Gobblin
== Finance ==
== References ==
<references />
[[Category:Gabon]]
[[Category:Good Article]]
[[Category:CivClassic 2.0]]
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