Medford Market P.O. Box 457 Medford, OR 97501 Phone: 541-944-2667 Email: Medford Market@hotmail.com |
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Subscription Q & A
Is the subscription a donation?
No, by subscribing you are purchasing shares that provide the seed monies for covering the costs of starting up a food cooperative. It is an investment not a donation.
What is the cost per share and how many share can be purchased?
The cost per share is $100.00. You are welcome to purchase up to twenty (20) shares at a total cost of $2,000.00.
How many persons can buy a subscription?
You can buy a share as either a single subscriber or joint subscribers with a spouse or partner. No more than two persons can purchase a single subscription.
How do I fill out the subscription form?
Download and print out the subscription form from our website. Carefully read over the document and fill in the form. See the instruction sheet for more details. Be sure to sign the form (both subscribers need to sign if subscribing jointly). Return the completed form along with a check to our address:
Medford MarketYou will receive a receipt along with a copy of your signed subscription form within a couple of weeks.
What are the benefits of purchasing a subscription?
Subscription does apply towards the cost of membership once the doors of the Medford Market open. However subscription cost is not redeemable for goods or services provided by the Medford Market. Membership privileges and votes are the same no matter how many shares are purchased. For example if you buy a single share you have the same privileges and votes (1) as someone who bought 20 shares.
What are the risks in purchasing a subscription?
Subscription does carry risk inherent with a startup venture of this kind and the subscriber acknowledges the potential for the loss of all or a portion of their investment. The subscriber recognizes that they can incur such a loss.
What happens to the subscription proceeds once the Medford Market opens?
The subscription amount for each subscriber is applied towards ownership dues of $100. Any Subscription proceeds from each subscriber above $100, minus any amount used in the start up, will be transferred to the Medford Market Cooperative.
What happens to the subscription proceeds if the Medford Market does not open?
The Subscription proceeds, minus any amount used in the start up, will be divided up between the subscribers according to the number of shares purchased by each subscriber.
What if I have additional questions?
Please do feel free to contact us. Our contact information can be found here. We do look forward to hearing from you and welcome your comments.
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