IPO Success:Conceptual Artist Neurons

IPO Success:Conceptual Artist Neurons

Shares

You might recall the initial prospectus for futures contract on the contents
for the mind of Jonathon Keats, [craig, learn how to do a permalink]here.

Mr Keats just sent me the update:


FUTURES CONTRACTS ON 71 MILLION NEURONS SOLD IN SINGLE
EVENING

Record IPO For Conceptual Artist Who Copyrighted His
Own Mind

On October 23rd, a much-publicized initial public
offering of futures contracts on conceptual artist
Jonathon Keats's brain sold options on an unexpected
71,000,000 neurons. At a strike price of one cent per
unit, those contracts alone could net $710,000, upon
the artist's death, enough money, some believe, to
fund his recently-declared bid for immortality, an
enterprise described in a prospectus that can be read
here. To expedite sales, and to
inspire ongoing confidence in his brain, Keats himself
purchased a contract for 1,000,000 of his own neurons.
"At the standard premium of 1/1000 cent per neuron, I
spent ten dollars," he says. "It's my first real
investment." His purchase was followed by a flurry of
orders from 47 others. Investors included
neurologists, economists and roboticists. The youngest
purchaser, Rachel Bender of Mill Valley, CA, was 8
years old. One speculator, Jeremiah Benjamin Stewart
of Oakland, CA, even made a $10 profit when he resold
a contract for 1,000,000 neurons to George Coates of
Berkeley, CA for $20 (plus the Board of Trade's 10
percent transfer fee). As the neurons optioned thus
far represent a mere 1.18 percent of the 6 billion
available, active trading at Modernism is expected to
continue for at least the next several decades.

Shares