Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CycleSurfer on January 19, 2014, 05:33:53 PM



Title: Scharmbeck shares on Cryptostocks -- an easy double by Feb 3rd?
Post by: CycleSurfer on January 19, 2014, 05:33:53 PM
Scharmbeck Fee Shares (SBFS) on Cryptostocks.com are currently being traded around 0.025 btc.  In the description, it says a second IPO of 100,000 shares will be issued at 0.05 btc on Feb 3rd.  If the first and second set of shares are equivalent in terms of dividend payouts, what happens if the first shares are still trading below 0.05 btc?  Will Sharmbeck hold off until the first shares reach 0.05 btc?

My take is the first shares need to get to 0.05 btc (i.e. a sure double from today's prices) before the second offering is made.  If anyone has any info to clarify what will happen in this scenario, please let us know.  I posted a similar request on the WorldcoinForum but nothing so far.

Cheers.


Title: Re: Scharmbeck shares on Cryptostocks -- an easy double by Feb 3rd?
Post by: IamNotSure on January 19, 2014, 05:36:29 PM
Don't have the answer but this announcement on JAN-04 is encouraging.

Quote
Ticker    SBFS - Scharmbeck Fee Shares
Date   04 Jan 22:22 Scharmbeck Regular Dividends
Happy New Year, Worldcoin!

With the launch of beta testing on 20 December 2013, interim dividend distributions have concluded.  Regular Scharmbeck dividends will now be paid at the end of each month.  Scharmbeck fee revenue from the final week of December will be rolled-over into the January 2014 dividend distribution.

We are pleased to announce that due to innovative efforts of the Fee Revenue Development Team, it is looking like January will have a very healthy dividend payment, and we look forward to many more of these in the future!


For me it's a no-brainer !