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Title: [CLOSED] ABM Mining Company Post by: PsychoticBoy on April 30, 2012, 07:24:15 PM Dear investors,
Introducing a new mining company, https://glbse.com/asset/view/ABM Ticker: ABM ABM is a mining company using BFL Single(s) A few weeks ago the IPO got launched. Currently we`re mining with 1 BFL Single @ 830 Mh/s using ~80w. Electricity costs are 0,24 EUR KW/h. (ECO power from Windmills) Only electricity used by the BFL Single(`s) will be calculated. Currently shares are sold for 0.25 BTC a share. (total shares issued: 1000) *All shares are sold* Dividends will be paid weekly on Wednesday. Happy trading. EDIT: From now on ABM is listed on https://BitFunder.com https://bitfunder.com/asset/ABM Title: Re: [GLBSE] ABM mining started. Post by: rjk on April 30, 2012, 07:31:35 PM I hate to be "that guy", but... Another one of these?
May I ask what you offer to differentiate yourself from the rest of the mining companies on the GLBSE? Title: Re: [GLBSE] ABM mining started. Post by: roomservice on April 30, 2012, 07:34:39 PM I hate to be "that guy", but... Another one of these? May I ask what you offer to differentiate yourself from the rest of the mining companies on the GLBSE? I guess this fact: Electricity costs are 0,24 EUR KW/h. Well, what about longterm plans? If difficulty rises and block reward is cut by 50% at the end of this year you are almost break even on power... 24 hours of mining on current difficulty ########################## BTC earned: BTC 0.53338739 Revenue: $ 2.63 Power cost: $ 0.61 Net revenue: $ 2.02 Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on April 30, 2012, 07:37:39 PM I am planning to grow bigger and bigger, recently ordered another BFLS.
And hoping to buy more FPGA/ASICS in the near future. Other than that there is no difference. (looking for a way to decrease electricity costs) Title: Re: [GLBSE] ABM mining started. Post by: Sukrim on April 30, 2012, 10:02:12 PM Would you dilute shares (issue more than the 1000 currently issued) to buy more hardware? After all you seem to value your whole enterprise at less that 1000€...
Anyways, I snatched a few shares - it's not like they are expensive anyways, who knows what might happen? :) Just for the record: Make sure you have the following * A way to measure to the kilowatt per day how much electricity your miner(s) really use (small plugging device for ~20€ at Amazon) * Proof of how much your electricity really costs (e.g. a link to the company that provides your electricity + the rate you're currently in) * A public spreadsheet where you note down how much you mined each day (or week), how much electricity you used etc. to be able to keep track and boast your numbers * Pictures of the BFLS, ideally with some handwritten note... Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 01, 2012, 04:31:38 AM I will only issue more shares if I have the hardware to back it up.
Thanks for investing in ABM :) I will buy such measure device first thing in the morning, let`s see if it really uses 80w. The link to my electricity company is: http://thuis.eneco.nl/groene-energie/energieprijzen/stroomprijzen/ I am currently using Windstroom Variabel, prices are incl. taxes excl. fixed charge. I have to look up on where/how to make a public spreadsheet, i am new at that ??? Pictures of the BFLS will be uploaded soon. Greetz Title: Re: [GLBSE] ABM mining started. Post by: stochastic on May 01, 2012, 04:33:03 AM I have to look up on where/how to make a public spreadsheet, i am new at that ??? docs.google.com Title: Re: [GLBSE] ABM mining started. Post by: juggalodarkclow on May 10, 2012, 07:15:36 PM been kinda quiet around here ;)
Title: Re: [GLBSE] ABM mining started. Post by: DeathAndTaxes on May 10, 2012, 07:43:06 PM Quote Electricity costs are 0,24 EUR KW/h. Is that a typo? As in $0.31 per kWh? Has a higher electrical cost per MH than a GPU farm and double the capital cost. Hmm Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 11, 2012, 05:44:16 PM No typo, electricity here in The Netherlands is very expensive.
In earlier posts i included the link to my electricity company. Greetz Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 16, 2012, 12:06:55 PM Dear Investors,
We (ABM) have decided to pay the weekly dividends on Wednesday instead of Thursday. Greetz Title: Re: [GLBSE] ABM mining started. Post by: RandomQ on May 22, 2012, 01:15:40 AM I invested some personal coin because your an Ecco-miner too ;D
Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 23, 2012, 03:26:01 PM Weekly dividends paid!
2.25739152 BTC paid over 912 shares. Payment a share 0.00247521 BTC. Next week, difficulty will be a lot lower so the dividends will be higher :D Greetz Title: Re: [GLBSE] ABM mining started. Post by: RandomQ on May 24, 2012, 06:37:32 AM "Shares do not represent an ownership share in the mining hardware and in the event of liquidation"
From your contract In the event of liquidation will the share holders get any value? Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 24, 2012, 01:23:35 PM In the event of liquidation all share holders will get a final dividend.
This will include: - last time mining revenue payment - a share in the mining hardware sales income Greetz Title: Re: [GLBSE] ABM mining started. Post by: RandomQ on May 27, 2012, 08:25:09 PM I think the IPO shares are sold out?
Congrats!!! Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 27, 2012, 08:49:19 PM Thanks :D
Yes, we are all sold out! Currently 1000 shares have been issued. Until new hardware arrives, no new shares will be issued. Greetz Title: Re: [GLBSE] ABM mining started. Post by: PsychoticBoy on May 30, 2012, 03:35:09 PM Weekly dividends paid!
2.6925 BTC paid over 1000 shares. Payment a share 0.0026925 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company Post by: PsychoticBoy on June 06, 2012, 01:34:53 PM Weekly dividends paid!
2.7162 BTC paid over 1000 shares. Payment a share 0.0027162. Difficulty next week will be around 1586626, so more profit next week ;D Greetz Title: Re: [GLBSE] ABM Mining Company [ANNOUNCEMENT]* Now Insured by CPA Post by: PsychoticBoy on June 10, 2012, 07:09:36 PM Dear investors,
ABM is happy to announce they are now being insured by CPA ;D https://bitcointalk.org/index.php?topic=85444.0 The contract is valid from 1 July 2012 till (at least) 30 June 2013. CPA will insure the hash rate of ABM’s ‘BFL SINGLE’ (“the single”) ± 5% (i.e. normal operation) and provide an extended warranty for the single. In "Big lines" this means they will compensate dividend in case of poweroutage, loss of internet connection etc. And refund the BFL if it breaks down or/and can not be repaired. We will still be backed up by our GPU`s and FPGA`s. It`s an extra insurrance. Greetz Title: Re: [GLBSE] ABM Mining Company [ANNOUNCEMENT] *Now Insured by CPA* Post by: PsychoticBoy on June 13, 2012, 01:09:09 PM Weekly dividends paid!
2.7225 BTC paid over 1000 shares. Payment a share 0.0027225 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company [ANNOUNCEMENT] *Now Insured by CPA* Post by: PsychoticBoy on June 20, 2012, 08:03:17 AM Weekly dividends paid!
2.7316 BTC paid over 1000 shares. Payment a share 0.0027316 BTC. Next week difficulty will be around 1712000, difficulty is going up :( Greetz Title: Re: [GLBSE] ABM Mining Company [ANNOUNCEMENT] *Now Insured by CPA* Post by: PsychoticBoy on June 27, 2012, 09:49:13 AM Weekly dividends paid!
2.5365 BTC paid over 1000 shares. Payment a share 0.0025365 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on July 04, 2012, 01:01:16 PM Weekly dividends paid!
2.5157 BTC paid over 1000 shares. Payment a share 0.0025157 BTC. The difficulty for next weeks payment will be 1751454, so difficulty is a bit higher :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: RandomQ on July 10, 2012, 02:13:48 AM Any plans to expand and issue more shares?
Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on July 10, 2012, 02:44:02 PM Any plans to expand and issue more shares? Hi RandomQ, Yes I have plans to issue more shares but my new BFL Single has not arrived yet, I ordered it in April so it will be here soon. As soon as the new BFL Single arrives, new shares will be issued. Until then nothing will change. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on July 11, 2012, 02:28:03 PM Weekly dividends paid!
2.5009 BTC paid over 1000 shares. Payment a share 0.0025009 BTC. The difficulty will probably be higher next week :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on July 18, 2012, 12:54:00 PM Weekly dividends paid!
2.4786 BTC paid over 1000 shares. Payment a share 0.0024786 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on July 25, 2012, 10:28:05 AM Weekly dividends paid!
2.3785 BTC paid over 1000 shares. Payment a share 0.0023785 BTC. Next week difficulty will go up just a little bit. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on August 01, 2012, 03:12:45 PM Weekly dividends paid!
2.215 BTC paid over 1000 shares. Payment a share 0.002215 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on August 08, 2012, 02:43:05 PM Weekly dividends paid!
2.1815 BTC paid over 1000 shares. Payment a share 0.0021815 BTC. Difficulty is going up, again :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on August 15, 2012, 01:56:31 PM Weekly dividends paid!
2.1001 BTC paid over 1000 shares. Payment a share 0.0021001 BTC. Difficulty this week is 2190866 so the difficulty keeps climbing up :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on August 22, 2012, 09:29:55 AM Weekly dividends paid!
2.0317 BTC paid over 1000 shares. Payment a share 0.0020317 BTC. Difficulty is rising fast, next week it will be around 2408398 :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on August 29, 2012, 11:58:25 AM Weekly dividend paid!
1.9431 BTC paid over 1000 shares. Payment a share 0.0019431 BTC. Difficulty is 2440643, and it keeps going up :( Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 05, 2012, 05:50:47 PM Weekly dividends paid!
1.8313 BTC paid over 1000 shares. Payment a share 0.0018313 BTC. Next week difficulty will be ~2600000 Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 12, 2012, 02:04:51 PM Weekly dividends paid!
1.6895 BTC paid over 1000 shares. Payment a share 0.0016895 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: lenny_ on September 17, 2012, 06:49:29 PM You still did not receive second single yet?
What's your order number? Can you show as proof of order? Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 17, 2012, 06:55:32 PM I do not sell any BFL Singles into GLBSE anymore, eventhough I own more than 2.
I sold 1 BFL Single that I own to shareholders (1000 shares), I will not create any more shares in the near future. Here is a picture of one of my Single`s: https://docs.google.com/open?id=0B204dRi-nEXRdll5TC1mVGRmX0k Hopefully I informed you enough. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: lenny_ on September 17, 2012, 07:12:11 PM Thanks.
Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 19, 2012, 05:18:55 PM Weekly dividends paid!
1.6665 BTC paid over 1000 shares. Payment a share 0.0016665 BTC. Next week difficulty will be around 2870644 Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 26, 2012, 07:21:53 PM Weekly dividends paid!
1.5673 BTC paid over 1000 shares. Payment a share 0.0015673 BTC. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: Puppet on September 28, 2012, 12:36:25 PM Hello,
Do I understand correctly you are currently mining with 1 BFL single, and paying 75% of its revenue as dividends? No asic upgrade plans? thx Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on September 28, 2012, 01:08:10 PM Hello, Do I understand correctly you are currently mining with 1 BFL single, and paying 75% of its revenue as dividends? No asic upgrade plans? thx Yes this is correct. IF I choose to upgrade ABM to ASIC ( I will not promise anything according to ASIC`s) then I will also issue more shares to cover the costs of the ASIC. But at this point I have no intention to upgrade to ASIC. Hopefully this informed you enough. Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on October 03, 2012, 02:48:24 PM Weekly dividends paid!
1.5457 BTC paid over 1000 shares. Payment a share 0.0015457 BTC. Difficulty keeps going up, it past the 3.000.000 barrier. Difficulty now is: 3054628 Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: Puppet on October 03, 2012, 08:08:21 PM Hello, Do I understand correctly you are currently mining with 1 BFL single, and paying 75% of its revenue as dividends? No asic upgrade plans? thx Yes this is correct. IF I choose to upgrade ABM to ASIC ( I will not promise anything according to ASIC`s) then I will also issue more shares to cover the costs of the ASIC. But at this point I have no intention to upgrade to ASIC. Hopefully this informed you enough. Greetz Clear enough, thx. I do wonder if you were contacted by Usagi about his plan to delist CPA and how it would affect the insurance mentioned in your thread title? Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on October 04, 2012, 03:58:44 PM Hello, Do I understand correctly you are currently mining with 1 BFL single, and paying 75% of its revenue as dividends? No asic upgrade plans? thx Yes this is correct. IF I choose to upgrade ABM to ASIC ( I will not promise anything according to ASIC`s) then I will also issue more shares to cover the costs of the ASIC. But at this point I have no intention to upgrade to ASIC. Hopefully this informed you enough. Greetz Clear enough, thx. I do wonder if you were contacted by Usagi about his plan to delist CPA and how it would affect the insurance mentioned in your thread title? No, usagi did not contact me about any changes concerning CPA. Because I have a contract and have paid a year in advance, I assume that Usagi will keep word and stick to the contract until the contract ends (30 June 2013) Greetz Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on October 10, 2012, 03:40:19 PM Dear investors,
It is Wednesday and normally this would be dividend day but due to GLBSE closure I am unable to make the weekly payment because: -I dont know who my share holders are -I dont know how many shares each shareholder holds -I am unable to log in my GLBSE account -I did not got any replies on my emails send to support@glbse.com I really hope I will get the requested information from GLBSE so I can continue ABM on another exchange. Greetz Title: Re: [GLBSE] ABM Mining Company Post by: Jurek on November 06, 2012, 11:24:24 PM As you are the new owner of Paladon Green Mining, I've got some questions:
How much BTC have we mined since GLBSE shutdown? When is the ASIC coming, did BFL say anything? Title: Re: [GLBSE] ABM Mining Company Post by: PsychoticBoy on November 07, 2012, 07:34:45 AM Last paid dividend: Week 40
Oustanding dividends: Week 41: payment a share 0.001412 Week 42: payment a share 0.0014051 Week 43: payment a share 0.0014003 Week 44: payment a share 0.0013971 I dont know when Bfl is planning to ship the ASIC, I have not recieved any information regarding shipment. Greetz Title: Re: [GLBSE] ABM Mining Company Post by: Jurek on November 21, 2012, 08:18:40 AM Now when it looks like it is only matter of time when you get issuers data, which exchange did you choose to move to?
And are you going to merge paladon with abm, if yes, how? Title: Re: [GLBSE] ABM Mining Company Post by: PsychoticBoy on November 21, 2012, 04:01:00 PM Now when it looks like it is only matter of time when you get issuers data, which exchange did you choose to move to? And are you going to merge paladon with abm, if yes, how? Hi, ABM and PGM will not be merged, I will either move ABM and PGM to another exchange or liquidate ABM and PGM. In the event of moving to another exchange ABM and PGM will (probably) move to Cryptostocks. But first, I need all the shareholders information. Greetz Title: Re: ABM Mining Company Post by: Jurek on December 06, 2012, 09:03:14 AM Did we get lucky along with the others last night?
Title: Re: ABM Mining Company Post by: PsychoticBoy on December 06, 2012, 10:28:44 AM Did we get lucky along with the others last night? Dear Investors, I recieved the ABM shareholders information from GLBSE. Paladon will send me PGM's shareholders list as soon as he recieves the shareholders list. Tonight I will start sending out emails to the email addresses provided by the shareholders list. Please reply to this email with your Bitcoin Address used to claim your GLBSE account to claim your ABM shares. Greetz Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 06, 2012, 03:55:19 PM I have just send out E-mails to all shareholders that were included in the list that I recieved from GLBSE.
Until now only 409 out of 1000 shares have been claimed. If you have not already claimed your shares, please claim your account at GLBSE.com (https://glbse.com/) Greetz Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: Syloq on December 06, 2012, 06:58:26 PM People should definitely check out the Bitfunder (https://bitfunder.com) option. I looked at the other options out there and the interface for bitfunder is so much easier and cleaner than the rest. Not to mention that cryptostocks appears to be another GLBSE that doesn't post its data publicly. Which worries me a bit.
Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 06, 2012, 09:03:59 PM Just recieved the 2nd part of the ABM shareholders list, also paladon send me the partial PGM shareholders list.
I have send you all an E-mail. 98.9% of ABM shares are claim'd 35% of PGM shares are claim'd Greetz Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 07, 2012, 06:47:47 PM Looks like we are going to join BitFunder. (https://bitfunder.com)
I tried out the site a little and it should be very easy to claim your ABM shares through BitFunder (https://bitfunder.com) If the poll results do`nt change, I will issue ABM on BitFunder (https://bitfunder.com) this weekend. Greetz Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: Jurek on December 08, 2012, 12:12:52 PM What about PGM?
Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 08, 2012, 12:15:53 PM What about PGM? PGM will also be relisted at Bitfunder if ABM gets relisted. When everything is ready to go, I will send all shareholders an e-mail. Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: Jurek on December 08, 2012, 12:58:19 PM So.. we are basically stuck with our shares, as the trading volume on bitfunder is non existent. Maybe at least we could have a public poll on that?
Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 08, 2012, 01:25:35 PM So.. we are basically stuck with our shares, as the trading volume on bitfunder is non existent. Maybe at least we could have a public poll on that? Poll is still up (top of thread) I could make a poll, after this one, only for PGM. Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: PsychoticBoy on December 08, 2012, 01:42:26 PM ABM Poll is now closed!
Question: At which Exchange should ABM continue? Cryptostocks 4 (14.8%) BTCT.co 2 (7.4%) MPex 1 (3.7%) Bitfunder 15 (55.6%) Don't continue, Buyback my shares! 5 (18.5%) Total votes: 27 ABM will be relisted at BitFunder, hopefully this weekend. You can easily claim your shares by using the data you submitted to GLBSE (email address). Now I will start a new poll for PGM. Title: Re: ABM/PGM Mining Company [Poll: Future of PGM][ABM will be relisted on BitFunder] Post by: Jurek on December 08, 2012, 06:47:40 PM Do you have any way to check who votes or can one set up many accounts and manipulate the poll? What opinions did you got in response to your email?
Title: Re: ABM/PGM Mining Company [Poll: Future of PGM][ABM will be relisted on BitFunder] Post by: PsychoticBoy on December 08, 2012, 07:27:57 PM Do you have any way to check who votes or can one set up many accounts and manipulate the poll? What opinions did you got in response to your email? Everyone can vote, the vote count in the poll for ABM was comparable with the votes collected from the emails. Title: Re: ABM/PGM Mining Company [Poll: Future of PGM][ABM will be relisted on BitFunder] Post by: PsychoticBoy on December 08, 2012, 11:25:14 PM Dear Investors,
I am happy to announce ABM is being relisted at BitFunder (https://bitfunder.com/asset/ABM). Also the outstanding dividends have been paid on BitFunder, please claim your shares at BitFunder to recieve your dividend and collect your shares. Last dividend payment was made on 10/3/2012 (week 40) All outstanding dividends have been paid: Week 41: 0.001412 btc a share Week 42: 0.0014051 btc a share Week 43: 0.0014003 btc a share Week 44: 0.0013971 btc a share Week 45: 0.001301 btc a share Week 46: 0.001289 btc a share Week 47: 0.001281 btc a share Week 48: 0.001003 btc a share Week 49: 0.000616 btc a share A total of 0.0111045 btc a share is transfered to all shares on BitFunder. Week 49 was last Wednesday 12/5/2012 (weekly) dividend payment, next dividend payment will occur at BitFunder just like on GLBSE. The outstanding dividend payment of PGM will be paid as soon as the decision is being made to whether to list on another exchange or to buy the shares back. Greetz Title: Re: [BitFunder] ABM/PGM Mining Company [Poll: Future of PGM] Post by: PsychoticBoy on December 09, 2012, 01:35:28 PM Dear Investors,
The PGM poll is now closed. Shareholders have decide that PGM should buyback all shares. Question: At which Exchange should PGM continue? Cryptostocks 3 (11.1%) BTCT.co 4 (14.8%) MPex 0 (0%) Bitfunder 9 (33.3%) Don't continue, Buyback my shares! 11 (40.7%) Votes Total: 27 The vote count in the poll for PGM was comparable with the votes collected from the emails. PGM will Buyback all shares @ 0.11 btc a share, this will include the outstanding dividends (week 41 - week 49). I will make this payment today to the bitcoin address used to claim your GLBSE account. From this day on PGM is CLOSED! There will no longer be dividend payments! Sincerely, PsychoticBoy Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: PsychoticBoy on December 09, 2012, 01:54:49 PM http://blockchain.info/nl/tx/b346e548fce0d7bb12e391d96d00cc91f4f14d0303e7bf55b31ed6373a4fe3a5
Bought back all shares that are included in the list from GLBSE. 573 shares were owned by PGM, 56 shares are owned by me (personal), bought back 145 out of 371 outstanding shares. 226 shares have not been claimed. If you have not already claimed your shares, please claim your account at GLBSE.com (https://glbse.com) Sicerely, PsychoticBoy Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: Jurek on December 09, 2012, 02:33:16 PM This is unacceptable. IPO was 0.25, what happened with the rest of our money? Not only you stole more than half of the btc you owe, you also refuse to pay the dividends.
I demand you pay us the rest or else (sigh..) I will get you a nice scammer tag. What's wrong with you people?! Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: PsychoticBoy on December 09, 2012, 02:38:36 PM 0.11 BTC a share is more than reasonable for a buyback with no trade history.
A new BFL Single SC (or BFL Single with Upgrade) will cost you 1300$, with a bitcoin price of 13.3$ you would have the right to get almost 0.1 btc a share. I paid 0.11 btc a share this includes the outstanding dividends. This is unacceptable. IPO was 0.25, what happened with the rest of our money? Not only you stole more than half of the btc you owe, you also refuse to pay the dividends. I demand you pay us the rest or else (sigh..) I will get you a nice scammer tag. What's wrong with you people?! Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: Jurek on December 09, 2012, 02:54:32 PM Yet as you may or apparently may not notice these were shares bought in BTC, not USD. We gave you BITCOINS, not $.
And even when you count like that, the numbers don't add up. At the time of the IPO 1BTC was worth about 11USD. http://bitcoincharts.com/charts/mtgoxUSD#rg150zczsg2012-08-01zeg2012-08-31ztgSzm1g10zm2g25zv Each share was bought at 0.25BTC, which was about 2.75USD 371 shares (not counting yours) equaled 1020 USD YET you decided to give us back ~0.11 a share *13.2$ = 538$. What exactly you don't understand? You stole more than half (counting dividiends) of what was given to you! EDIT: actually not given, as you were supposed to be only the operator, as these were, and I quote "PGM SHARES! NO BOND!" Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: PsychoticBoy on December 09, 2012, 03:11:33 PM If you have a problem with how I solved this mess, make a thread in Scam Accusations.
And when you are there, also make a thread about other mining companies who bought shares back at much less value than I did, and sold for more than PGM did. PS: you were the one who complaint about continuing on another Exchange. Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: Sukrim on December 09, 2012, 03:32:21 PM You can easily claim your shares by using the data you submitted to GLBSE (email address). Well, entering my email address on https://bitfunder.com/lostpass just returns "Sorry, we do not have that email address on file." - how exactly does the claim process look like? Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: Jurek on December 09, 2012, 03:37:15 PM And when you are there, also make a thread about other mining companies who bought shares back at much less value than I did. So that's how it's going to be, huh? Everybody is scamming, so I will scam you too! Awesome ethics dude.PS: you were the one who complaint about continuing on another Exchange. The vote count in the poll for PGM was comparable with the votes collected from the emails. So which one is it? See you in the scam accusations https://bitcointalk.org/index.php?topic=129941.0 Title: Re: [BitFunder] ABM/PGM Mining Company [PGM is now CLOSED, final buyback today] Post by: Deprived on December 09, 2012, 06:19:12 PM Yet as you may or apparently may not notice these were shares bought in BTC, not USD. We gave you BITCOINS, not $. And even when you count like that, the numbers don't add up. At the time of the IPO 1BTC was worth about 11USD. http://bitcoincharts.com/charts/mtgoxUSD#rg150zczsg2012-08-01zeg2012-08-31ztgSzm1g10zm2g25zv Each share was bought at 0.25BTC, which was about 2.75USD 371 shares (not counting yours) equaled 1020 USD YET you decided to give us back ~0.11 a share *13.2$ = 538$. What exactly you don't understand? You stole more than half (counting dividiends) of what was given to you! EDIT: actually not given, as you were supposed to be only the operator, as these were, and I quote "PGM SHARES! NO BOND!" He's not actually scamming you on the closedown - you got screwed when you bought the shares in the first place. Here's his post that explains how (and just how badly) you got screwed: I do not sell any BFL Singles into GLBSE anymore, eventhough I own more than 2. I sold 1 BFL Single that I own to shareholders (1000 shares), I will not create any more shares in the near future. Here is a picture of one of my Single`s: https://docs.google.com/open?id=0B204dRi-nEXRdll5TC1mVGRmX0k Hopefully I informed you enough. Greetz He sold 1000 shares at .25 BTC each (250 BTC total = over $2500) and in return shareholders got ONE BFL single. That's where you lost your money - his closing down like this is just making your loss immediately obvious. Mistake you made was assuming that some of the funds raised were going to buy new hardware - they weren't. If he released a new BFL single to the company that would have been accompanied by raising more funds by sellling new shares. The funds raised were just going into his pocket and in return you got a portion of a BFL single worth about 1/3 of what you invested. Obviously that was never going to make you any profit even if he paid for running costs. If someone sells a "share" then make damn sure they spell out exactly how funds raised will be used and how (and when) they take their own cut. Otherwise you'll end up (as was the case here) paying a grossly inflated price for something then being surprised when you make a loss. Title: Re: ABM Mining Company [Poll: Future of ABM] Post by: Ukyo on December 09, 2012, 06:57:34 PM You can easily claim your shares by using the data you submitted to GLBSE (email address). Well, entering my email address on https://bitfunder.com/lostpass just returns "Sorry, we do not have that email address on file." - how exactly does the claim process look like? Hey Sukrim, I contacted PsychoticBoy about this, and he needs to know your e-mail address from the GLBSE claim to be able to check on this for you. If you can send that over to him, we should be able to get this resolved pretty quickly. Thanks! Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: PsychoticBoy on December 12, 2012, 12:59:00 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6188173 BTC paid over 989 shares. Payment a share 0.0006257 BTC. Difficulty now is 3370182 Greetz Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: Jurek on December 13, 2012, 08:26:17 AM ABM shareholders I suggest you take a look at https://bitcointalk.org/index.php?topic=129941.msg1396972#msg1396972
Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: PsychoticBoy on December 13, 2012, 01:20:48 PM Jurek, if you did not like the contract why did you buy shares in the first place?
Alll was transparent, you knew what would happen if PGM got closed: Shares do represent an ownership share in the mining hardware in the event of liquidation. In case of liquidation the mining hardware will be sold and minus expences be paid to the shareholders. You were the one that wanted to close down PGM so badly, let me quote: Do you have any way to check who votes or can one set up many accounts and manipulate the poll? What opinions did you got in response to your email? YOU voted many times to close down PGM (I can have it checked by theymos). (email votes were comparable so lucky you) So I can only say: You should have read (or asked me/paladon) before buying shares. Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: PsychoticBoy on December 19, 2012, 03:36:08 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6288062 BTC paid over 989 shares. Payment a share 0.0006358 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: PsychoticBoy on December 21, 2012, 10:19:21 PM Revieved the Full list of PGM and bought back the last outstanding shares.
If your Bitcoin address is in this tx then your shares have been bought back. 8d3416961b7c00f44deb44e85dd66d8256b78378e2eca1cea699edb5a7afc9ed (http://blockchain.info/nl/tx/8d3416961b7c00f44deb44e85dd66d8256b78378e2eca1cea699edb5a7afc9ed) This was the last buyback PGM is now officially CLOSED! Title: Re: [BitFunder] ABM Mining Company [PGM is now CLOSED, final buyback occurred] Post by: PsychoticBoy on December 26, 2012, 11:33:14 AM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6305864 BTC paid over 989 shares. Payment a share 0.0006376 BTC. Difficulty will change tonight to ~3.000.000 I wish you all a Merry Christmas. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 02, 2013, 05:04:52 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.7106954 BTC paid over 989 shares. Payment a share 0.0007186 BTC. Happy New Year! Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 06, 2013, 09:35:12 PM Dear Investors,
Today something tragic happend, the PSU for the BFL Single DIED. We ordered a new 12v 10A AC adapter on eBay for 29€, this will be paid out of our own pocket. Also the missing dividend will be paid out of our own pocket, We still have some FPGA's and GPU's running as back-up. Hopefully the BFL Single is up and running again end of this week, but this will not have any influence, dividend will be paid as usual. UPDATE: Recieved the PSU, The BFL is up and running again :D Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 09, 2013, 04:05:41 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.7087905 BTC paid over 999 shares. Payment a share 0.0007095 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 16, 2013, 03:07:31 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6632361 BTC paid over 999 shares. Payment a share 0.0006639 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: Carnth on January 17, 2013, 05:41:37 PM Do you have plans to buy more equipment, release more shares, go to ASICs?
Title: Re: [GLBSE] ABM Mining Company *Insured by CPA* Post by: PsychoticBoy on January 17, 2013, 06:21:45 PM Do you have plans to buy more equipment, release more shares, go to ASICs? IF I choose to upgrade ABM to ASIC ( I will not promise anything according to ASIC`s) then I will also issue more shares to cover the costs of the ASIC. But at this point I have no intention to upgrade to ASIC. Hopefully this informed you enough. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 23, 2013, 03:29:33 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6591402 BTC paid over 999 shares. Payment a share 0.0006598 BTC. Difficulty is decreasing with ~8%, difficulty will drop below 3000000 ;D Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on January 30, 2013, 03:38:59 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.7190802 BTC paid over 999 shares. Payment a share 0.0007198 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on February 06, 2013, 02:02:10 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6888105 BTC paid over 999 shares. Payment a share 0.0006895 BTC. Difficulty is rising, difficulty now is 3275465 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on February 13, 2013, 04:27:08 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6494499 BTC paid over 999 shares. Payment a share 0.0006501 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on February 20, 2013, 03:23:27 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.6204789 BTC paid over 999 shares. Payment a share 0.0006211 BTC. Difficulty keeps rising, difficulty now is: 3651012 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on February 27, 2013, 01:59:02 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.5887107 BTC paid over 999 shares. Payment a share 0.0005893 BTC. Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on March 06, 2013, 01:07:11 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.5258736 BTC paid over 999 shares. Payment a share 0.0005264 BTC. Difficulty now is: 4367876 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on March 13, 2013, 03:58:12 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.49190760 BTC paid over 999 shares. Payment a share 0.0004924 BTC. In a day or 2 difficulty is going to be 4700000+ :( Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on March 20, 2013, 01:08:24 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.4451544 BTC paid over 999 shares. Payment a share 0.0004456 BTC. Difficulty now is: 4847647 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: Dreamweaver on March 24, 2013, 04:50:58 PM This feels like a nasty asset at this point, seeing as its literally impossible for me to sell it off..but I'm just curious, what would happen in the event of liquidation? Do I get any of my principle back?
Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on March 24, 2013, 06:49:19 PM This feels like a nasty asset at this point, seeing as its literally impossible for me to sell it off..but I'm just curious, what would happen in the event of liquidation? Do I get any of my principle back? Quote from the contract: In the event of liquidation the mining hardware will be sold minus expenses and the remaining funds will be paid to the shareholders. Sincerely, PsychoticBoy Title: Re: [BitFunder] ABM Mining Company Post by: Dreamweaver on March 24, 2013, 07:11:50 PM Ahh i see, I didnt see that. Thanks.
Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on March 27, 2013, 05:15:00 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.4010985 BTC paid over 999 shares. Payment a share 0.0004015 BTC. Difficulty now is: 6695826 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on April 03, 2013, 03:21:27 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.3199797 BTC paid over 999 shares. Payment a share 0.0003203 BTC. Difficulty now is: 6695826 and will climb a whooping 1M or more, to ~7700000 :( Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on April 10, 2013, 08:25:50 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.29580390BTC paid over 999 shares. Payment a share 0.0002961 BTC. Difficulty keeps going up :( Difficulty now is: 7672999 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on April 17, 2013, 05:22:47 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.27832140 BTC paid over 999 shares. Payment a share 0.0002786 BTC. Difficulty keeps going up :( Difficulty now is: 8974296 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on April 24, 2013, 02:37:14 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.23916060 BTC paid over 999 shares. Payment a share 0.00023940 BTC. Difficulty now is: 8974296 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on May 01, 2013, 03:22:06 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.23706270 BTC paid over 999 shares. Payment a share 0.00023730 BTC. Difficulty now is: 10076292 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on May 08, 2013, 01:54:52 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.21258720 BTC paid over 999 shares. Payment a share 0.00021280 BTC. Difficulty now is: 10076292 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on May 15, 2013, 03:31:48 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.20359620 BTC paid over 999 shares. Payment a share 0.00020380 BTC. Difficulty now is: 11187257 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on May 22, 2013, 01:52:15 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.19160820 BTC paid over 999 shares. Payment a share 0.00019180 BTC. Difficulty now is: 11187257 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on May 29, 2013, 03:12:07 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.18511470 BTC paid over 999 shares. Payment a share 0.00018530 BTC. Difficulty now is: 12153412 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on June 05, 2013, 02:48:33 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.17502480 BTC paid over 999 shares. Payment a share 0.00017520 BTC. Difficulty just changed to: 15605633 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on June 12, 2013, 03:42:55 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.13633353 BTC paid over 999 shares. Payment a share 0.00013647 BTC. Difficulty now is: 15605633 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on June 15, 2013, 12:43:59 PM Dear Investors,
ABM will pay this weeks dividend on Tuesday instead of Wednesday due to the fact that I will travel to my vacation destination on Wednesday. Kind regards, PsychoticBoy Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on June 18, 2013, 11:41:31 AM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.12713274 BTC paid over 999 shares. Payment a share 0.00012726 BTC. Difficulty now is: 19339258 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on June 26, 2013, 01:49:39 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.11089899 BTC paid over 999 shares. Payment a share 0.00011101 BTC. Difficulty now is: 19339258 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on July 03, 2013, 12:21:20 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.10423566 BTC paid over 999 shares. Payment a share 0.00010434 BTC. Difficulty now is: 21335329 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on July 10, 2013, 03:22:19 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.099727173 BTC paid over 999 shares. Payment a share 0.00009982 BTC. Difficulty now is still: 21335329 but will grow tomorrow :( Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on July 17, 2013, 03:16:49 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.08395596 BTC paid over 999 shares. Payment a share 0.00008404 BTC. Difficulty is: 26162876 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on July 23, 2013, 10:41:23 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.07951041 BTC paid over 999 shares. Payment a share 0.00007959 BTC. Difficulty is: 31256961 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on July 31, 2013, 03:23:53 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.06813180 BTC paid over 999 shares. Payment a share 0.00006820 BTC. Difficulty is: 31256961 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on August 07, 2013, 02:09:33 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.06327666 BTC paid over 999 shares. Payment a share 0.00006334 BTC. Difficulty is: 37392766 Greetz Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on August 14, 2013, 03:11:46 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.05695299 BTC paid over 999 shares. Payment a share 0.00005701 BTC. Difficulty is: 50810339 Greetz Title: Re: [BitFunder] ABM Mining Company [CLOSING] Post by: PsychoticBoy on August 18, 2013, 02:09:53 PM Dear Investors,
Upcoming Wednesday ABM will stop opperating! All shares will be boughtback at reasonable rate. From this moment on ABM will be frozen on Bitfunder. I want to thank all Investors for making ABM possible. Kind Regards, PsychoticBoy Title: Re: [BitFunder] ABM Mining Company Post by: PsychoticBoy on August 21, 2013, 03:08:26 PM Dear Investors,
Weekly dividend has been paid on BitFunder. (https://bitfunder.com) 0.04190805 BTC paid over 999 shares. Payment a share 0.00004195 BTC. Difficulty is: 50810339 Greetz Title: Re: [CLOSED] ABM Mining Company Post by: PsychoticBoy on August 21, 2013, 03:11:33 PM Dear Investors,
BuyBack has been occurred on BitFunder. (https://bitfunder.com) 1.61700000 BTC paid over 462 shares. Payment a share 0.00350000 BTC. ABM is CLOSED from now on. I want to thank every Investor for making ABM possible. Kind Regards, PsychoticBoy Title: Re: [CLOSED] ABM Mining Company Post by: Franktank on August 21, 2013, 03:16:14 PM Collected 100 BTC from IPO (@.1/share), you've paid out 25.66 BTC. Quite the profit, eh?
Title: Re: [CLOSED] ABM Mining Company Post by: PsychoticBoy on August 21, 2013, 03:20:31 PM Collected 100 BTC from IPO (@.1/share), you've paid out 25.66 BTC. Quite the profit, eh? The BFL single did cost me 140 BTC in april 2012, if I follow your words...... I made a loss. |