[The dates of [X]Pendapalooza have been changed to November. There will be several other exciting events in November including Blog-A-Thon which we will be announcing shortly]
This is the eighteenth event of its kind - a carnival of buying and spending that helps newer players dramatically improve in wealth, and older players find new investments, and allows everyone to broaden their networks. This is the 1st time event is being held for 72 HOURS!
This event is also QUITE a bit of fun! =)
There will be TWO streams open: one for those with UNDER 2,000,000 shares Outstanding (i.e., how many shares of your stock have been sold), and one for OVER 2,000,000 shares Outstanding for the more experienced players.
When [X]Pendapalooza 18 officially opens, you can post your ticker. You WILL NOT be able to post your ticker until the event actually begins. There is NO requirement right now to sign up, but you will need to be a member of this group once the event is underway.
In addition, several folks will be running [X]Pendapalooza EIGHTEEN (18) specific missions in conjunction with this event.
1. What is [X]Pendapalooza?
It's an opportunity for many players, especially newer ones, to be bought, and for more seasoned investors to spend - that is, helping out others while finding new investments. It's a positive, active, 72-hour buy-a-thon, and it's all about paying it forward.
2. What does it cost to play?
Nothing. You don't need to spend anything, but you DO need to be in this community and to put your ticker into one of two queues, which thereby registers you.
3. OK, what's the catch?
Um, nothing. Seriously. If you don't want to buy anyone else, you don't have to. (Although you'll probably score more sales if you buy. Don't forget to use shout-outs, as they will really help your Empire.Kred score, too, which will improve your dividend rate. Plus, it's just good manners. :)
4. When does it run?
The event will start at 1000am.. E.S.T. on Friday November 20, 2015 and run for a full 72 hours ending at 1000am . E.S.T. on Monday November 23, 2015 Consult and compare local times here:
5. When I can put my ticker in to the buying queues?
We'll open them just before the times above. Then you can expect things to get very, very busy ... very quickly. (Don't sweat it, though, if you're not able to join in at the start. You've got 72 hours to get involved!)
6. I'm new to this whole [X]Pendapalooza thing. How long has this been around?
Ron Heigh (e)PWND and John Gushue (e)JOHNGUSHUE should be credited with the organization of the 1st [X]Pendapalooza along with collaboration from (e)ADRIEL, (e)EDUPRENEUR (e)REIGN, (e)BEN, (e)ALLIE,(e)CLATKO (e)FEEDTHEWORLD and(e)NORTHLANDFOX. The first one was held in May 2011 - and just for a few hours. We all had so much fun, we vowed to do it again. The full-day format soon followed. This is the 1st time time the event has been 72 hours! This is the 18th time this event has been done over a 4 year period. It is Empire.Kred's 1st community, member driven event.
7. I don't have much money to spend. How can I best stretch my eaves?
Your buying strategy is up to you - you will no doubt see great advice in the discussion boards, from many different members - but you will also be helped by missions that will be targeted ONLY to members of this very group. This will provide a very large amount of eaves, so keep your eyes peeled. The idea, again, is for experienced players with large portfolios to share.
8. Do I have to stick around the full 72 hours?
Nah! We won't!
9. Is there a Facebook group where people involved in this can hang out, share great tips and dynamic advice on social media?
Why, yes! Visit the [X]Bar group on FB right here:
10. Is there a suggested amount for spending?
Nope. Totally up to you, as always, about how much you want to spend, and on whom. Don't forget, though, that this event is created in the "pay it forward" spirit, and it will likely be hard to resist getting involved. Even a small amount will help build your connections.
11. I'm afraid that people will dump my stock right away. Is this reasonable?
Selloffs are a hazard everywhere on Empire.Kred. We prefer to see this as a way of making contacts ... and HOLDING them. Being a good investment should keep your shareholders around (did we mention the importance of shout-outs, and how they help your Empire.Kred score and dividends?) for the long run.
12. What can I expect to happen to my price and account?
We'll all have to see, but in every [X]Pendapalooza so far, most players have seen substantial gains in share price, number of shares sold and net wealth. This is especially so with new players. The increase in your portfolio will depend on how much you spend!
Have fun !!
Disclaimer: Our owners, writers, and/or guest post authors may or may not have a vested interest in any of the above projects and businesses. None of the content on this blog is investment advice nor is it a replacement for advice from a certified financial planner.