Tuesday, March 6, 2012

Occupy Goes Public 10/18/2011

George Borrows, the wealthy financier, has filed with the SEC his intention to hold an Initial Public Offering of Occupy Wall Street, Inc., a Delaware corporation.  The purpose of the stock sale is to fund the licensing and promoting of all things OWS.

Advertising agency Young & Rubicam has been retained to develop the corporate image and logo design that will be licensed for use similar to NFL products.  Printing and promotion firms will pay a yearly fee to print the official logo and other identities on shirts, mugs, pens, and other advertising specialties.

OWS, Inc will also, with the help of sponsors, fund and promote OWS events, protests, sit-ins, marches, tire burnings, and Congressional lobbying.  According to Borrows, human microphone events will not be funded due to “…the general creepiness of mime anti-matter.”

Borrows has lined up an impressive list of sponsors who have committed to provide certain products during official sanctioned events.  Chase Bank is providing the knit hats, Goldman Sachs will provide the Port-o-Potties, and Merck has agreed to supply bongs and roach clips.  All items will be co-branded with the official OWS logo and will be imported through alibaba.com.

Occupy will go public at an estimated $22 to $26 per share with 30 million shares being offered to the public.  The offering is being underwritten by J.P. Morgan.

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