^^Agreed, is currently undervalued

While taking on some debt is perfectly fine, building the business entirely through debt is not good practice. To keep purchasing via leverage may expand quickly, but what if there is a dry spout and you can't get occupants for some properties? How will the (massive, interest will add up quickly) monthly payments?

Just keep going with organic growth, your business is expanding nicely as is.

My .02BTC

Its not weird at all... They were offered a better deal in private and thus took that deal. They never asked you for money, so its not shady. However, they should have had the private offer be a bid as they put this up for auction, but oh well.

Paid 

Thanks for the deal

@ranlo
I would have input a few BTC into marketing in addition to the initial 5BTC purchase. Along with spending hours a day maintaining / running the site, 50% would be a fair stake (20% in initial investment, 5% for coming up with agreement, additional ~10% for further financial assistance, and 15% for work). I believe the site could make 40BTC a year if aggressively marketed, as noted by the current owner, hes done little advertising the past few months + with the current issues with the site, its erroding player confidence.

I have decided to start my own site as it makes more sense financially for me, and it will be Enterra based software as well. I also purchased a userbase of ~5400 bitcoin poker players (Their emails), and am working on gaining strong affiliate partners in order to boost my site. Im not currently seeking any investments.


Cheers

4 months to break even is exceptionally good on an investment. If you believe your going to be making 1000% profits your nuts. Steady income would be a solid base for dividends + allows for growth.

He could always have a vote on it. The acquisition looks good financially to me, but its up to the shareholders + kyle.

GL

People are selling the scripts on cryptothrift + on this forum, make sure your getting a legit copy and not a stolen license.

No longer seeking a loan

5.6 BTC with escrow

.041 if he does change it

Congrats on your win... You can buy ~75 GH on Pbmining's website for .4BTC   

Should watch your decimal places in the future 

Im willing to help you test out. Send me a PM

"Crypto Currency Management (CCM) is offering 1,000 non-dilutable shares out of 100,00 at 0.05 BTC/share."

So, your selling 1% of the company for 50BTC? So your saying your business is worth 5000BTC (In fiat that is 2.2 million). All I see is ~$2,000 worth of miners. Anyone that invests in this is a fool. According to your spread sheet, one person invested 7 BTC into this? They could have bought 2x the amount of miners you have. And kept 100% of the profits.

Please read entire post before asking a question 

SatoshiPoker
 
Prepared for: Bitcointalk users
 
Prepared by: AcoinL.L.C, hereinafter ("Acoin")
 
Description: Acoin is seeking funding of 25B⃦ for the acquisition of www.satoshipoker.org. The funding request, market analysis, and return of investment analysis of the project are included in this Proposal.
 
Executive Summary
The purpose of this proposal is to forge a strategic relationship between Acoin and whomever it may concern to mutually benefit Acoin and investing partners through the acquisition and operation of SatoshiPoker.
 
Acoin will work day in and out as a professional site operator using its extensive knowledge of bitcoin and poker and its willingness and ableness to look towards promising future returns.
 
SatoshiPoker already has a significant market share, with 1700 player accounts holding balances, and Acoin will market aggressively to increase this number.
 
Project Description
The project will be completed in the following stages:
1. Fundraising
2. Procurement of SatoshiPoker
3. Reboot of Site
4. Marketing
5. Generating profits for investors
 
Acoin is planning to restore faith in SatoshiPoker by offering quick and helpful support, and fast withdrawals.
 
Sales and Marketing Strategy
The target markets for SatoshiPoker are cryptocurrency users (specifically Bitcoin users), poker players, and gamblers.

Advertising will be placed on various bitcoin related sites, and a powerful affiliate program will be promoted on poker fan sites. A low rake percentage, and a variety of freerolls will boost membership, as well as retain users.
 
Financial Summary
SatoshiPoker is expected to generate 40B⃦ in the first year and gross profit is expected to be 32B⃦. Out of the gross profits 20% will be earmarked as dividends. The remaining 80% of gross profits will be reinvested in the venture in order to increase market share, and improve/expand the product line. Fixed costs are limited to hosting fees at $118.50 per month. Variable costs include freerolls, maintenance, marketing, and affiliate related expenses. The management, Acoin, will forego salary based pay unless agreed upon on a future date. A report on the current standing of the business will be released to investors bi-weekly, and dividends will correspondingly be issued bi-weekly.
 
Closing Section
Future growth prospects are extremely positive for this venture. With possibilities such as including adding support for additional cryptocurrencies, and offering additional products (i.e. slots, roulette etc), SatoshiPoker has potential for steady growth, with opportunities to benefit all parties involved.




How funds will be allocated
Every two weeks, 20% of the profit accumulated will be returned to investors in the form of dividends. The remaining 80% will be put towards the site in the following proportions:
- 40% advertising
- 40% nest egg

Eventually, the advertising budget will be reduced, but for the first initial months it is necessary in order to maintain and expand marketshare. The nest egg percentage may also seem very high, but the nest egg will cover all development projects / expansions and any maintenance fees. Portions of the nest egg may also go towards advertising / dividends.

Revenue Sharing
Investors will be given a percentage of the gross profit corresponding to their initial investment. I, Acoin, will receive a 50% share in exchange for an initial investment of 5B⃦, running the day to day operations, contributing to the marketing fund, and foregoing any paid salary / 0% administration fee's on dividends. The remaining 50% of shares will be sold at a rate of 1B⃦ per 2.5% of profit share. Minimum investment accepted is .001B⃦. Dividend addresses will be kept in a public ledger. As stated earlier, dividends will be paid bi-weekly along with a financial report.

Trust
My identification can be provided to investors upon request, but will not be made public at this time. Please PM me if you would like further information about me or my credentials. No funds will be accepted until enough funds are raised for the acquisition. Currently just accepting pledges.

If you have any questions about my proposal, feel free to PM me, if you post here it may take a little longer for me to reply.

Cheers,
Matt

Im putting one together right now.

Cheers

"Can you elaborate on how it'd be run as a group buy though? You need someone capable of managing it. It needs to be bankrolled. There's a lot more to it than simply buying it and hoping for the best.

What are your plans if people were to offer enough to purchase it? How are you going to be making that money back?"

I was thinking purely as a revenue split. I would be capable of managing the site and would be willing to put my own money into advertising (due to this my share split would be larger). This would not need a massive bankroll. This isn't a casino, players deposit funds, the rake is collected, and players withdraw their own funds. No money is at risk for the operator of a poker room except for hosting/maintaining the site. Purchasing something and hoping for the best = lottery. Last I checked, running a business isn't a lottery  . How would I make the money back? The revenue would be generated by rakes, and tournaments entry fees. The biggest issue with this site is the current reputation of it. However, I believe a new owner could quickly turn that around by offering quick responses to support requests, and fast withdrawals.

.036

^^I would take the .11, quick easy profit.

GL selling

5 BTC? Is that a joke? Could spend $150 bucks and have a better dice game / site set up. Does this site have any revenue/traffic that would warrant a ~$2500 value?

Bump