It was created in 1991 and has attracted a range of subscribers, from city institutions and FTSE listed companies, to educational establishments and private investors.
At the end of 36 months, subscribers would receive one share of common voting stock and would be entitled to participate in yearly shareholders meetings.
It is the largest national association of woodcarvers, with a magazine membership of over 13,000 subscribers, compared to 19 when the magazine was first published.
In many countries, the number of mobile phone subscribers has bypassed the number of fixed-line telephones; this is particularly true in developing countries.