Locally Owned, Profit-Sharing, Income Inequality Inhibitor
tkscm, limited is the first and original LOPSIII, and the founder and administrator of the only official LOPSIII information center at lopsiii.com
LO
Locally Owned
–
100% of tkscm, limited Ownership has official residency in same locality as business (51% min. required)
PS
Profit-Sharing
–
All Members working for tkscm, limited earn profit shares; no fixed wages (required)
III
Income Inequality Inhibitor
–
Excess profits are split and distributed to locality through the Local Fund to prevent wealth concentration (required)
tkscm, limited returns its surplus profit to Honolulu County through its Local Fund, as grants that are never repaid. Applications are not yet open; the Fund’s terms will be published on the Local Fund page first.
As of October 1, 2026, local eligibility for the tkscm, limited Local Fund includes anyone living within Honolulu County, HI, USA.
LOPSIII Membership Outline
LOPSIII businesses consist of 4 primary types of membership, each of which is detailed below. ALL individuals working directly for any LOPSIII must be categorized as one of the primary types of membership.
In accordance with the “LO” (Locally Owned) component of LOPSIII ideology and proper practice, 51% or more of all the ownership interest of a given LOPSIII enterprise must personally reside within the same local geographic area as the enterprise itself.
Allocation of Profit-Sharing (“PS”) must be at least as equitable as detailed below. No single individual may ever receive more than 2 shares of the total profit earnings that are to be dispersed to Members.
LOPSIII Membership Types
- Owner – Has no direct involvement with regular and ongoing operation of the enterprise
- Owners receive 1 share of profit-sharing earnings
- Owners receive 1 share of profit-sharing earnings
- Owner-Manager – Supervisory engagement and direct influence on regular operations of the enterprise
- Owner-Managers receive 2 shares of profit-sharing earnings
- Owner-Managers receive 2 shares of profit-sharing earnings
- Manager-Member – Supervisory engagement and direct influence on regular operations of the enterprise with no ownership stake
- Manager-Members receive 2 shares of profit-sharing earnings
- Manager-Members receive 2 shares of profit-sharing earnings
- Member – Direct participation in ongoing business operations with no ownership stake
- Members receive 1 share of profit-sharing earnings
Whether you would like to work and earn as a Member of our LOPSIII, or you’d like to form your own LOPSIII, please reach out to The Conduit for more information and to seek answers to any questions you may have.