Thank you for bringing this to my attention. I have corrected this, however, that messes up our our ownership percentages. I need to go back through and see what else I messed up on, because now we are short 3.099 BTC.

Thanks,

Ch

Thanks for your help relm!

I have verified the users that have PMed me already. I'm done for the night though, gonna have to leave setting up the forums until tomorrow.

G'night  

Not sure if trolling, but this is good for Coinhoarder and the seven dwarfs (yeah we're already naming them.) 

In all seriousness, if Yifu actually said this then I believe him.

ATTENTION INVESTORS:

Good news guys, we have forums now. http://yourcoins.org/forums/index.php

Go ahead and register if you'd like to. All investors must PM me here on BitcoinTalk the email address they are registering with at the forums to confirm their identity.

I will spend the next couple days on organizing the forums so information and communication is more organized in the future!

Some members have PMed me wanting to sell shares as of a few days ago. This is only a temporary solution.

I like your idea, there are a few ways we can go about it. I'm not a great programmer I will let it be known. I was just going to write a simple script. If you want to make something fancy then I would compensate you in some way, especially if you can add automatic payments of dividends. I know a couple of people PMed me about ideas like this, that said they could program it for us too, but I have a million PMs and can't find the messages. Does anyone have any other ideas of controlling ownership/paying dividends?

Sorry this whole thing is kind of disorganized. I was really expecting to only raise enough to buy one Avalon at first, but people kept PMing me wanting to join in with us. Otherwise, I would have worked these problems out sooner and had a plan from the get-go. At least we have a month to figure it out.

Thanks

Thank you very much! You are doing us a huge favor!  

I hereby give Relm9 .00099998 of my shares in this group buy paid out to 1Dpmtq6jJRk6WhiWycbVfQCXpbKijXTRem

And... let the trading begin (I like nice round numbers)!  

It is alright... for now I am allowing it.

When we get closer to the time we should be receiving our Avalon's, I will reassess the situation then.

I would appreciate this. I'm not going to be picky on forum software, it would just be nice to have a place to our own so I can make things more organized with stickeyied threads, etc.

Plus... this thread does not really belong in this subforum, I am suprised they haven't kicked us out of here already.

Now that the initial fund raising and investor ownership percentages have been figured out, it is time to figure out a better solution than a million page thread in the wrong sub forum.  

ROFL 

I have updated the bottom of the OP to include all spreadsheets and also links to the latest updates. Any time I have an important update, I will post it at the bottom of the OP in case some do not want to wade through this long thread to pick out important information.

I agree we need a dedicated forum, this topic doesn't belong in the custom hardware section of bitcointalk.

Is anyone in the group willing to setup/host this for us?

Well, there seems to be enough opposition to going on a security exchange that I am willing to scrap that idea.

ATTENTION INVESTORS:

First, I have taken some mBTC off of my ownership interest to make our numbers and percentages add up to 100% ownership of the seven Avalons.
https://www.dropbox.com/s/7b7omfd7hrbk9gs/Ownership%20Percentages%20%26%20Profit%20Projections.xls

Second, everyone owns a percentage of ALL Avalon's that the group has ordered. Splitting up interest to each 7 Avalon's and making 7 different payments each month would be an accounting nightmare for me. Although there may be some downside to this for the very first investors, as others have mentioned, there are also advantages to owning a percentage in all of the Avalon's. For instance, if I ever have any technical problems with one of the Avalon's, at least you are still making BTC with the other six.

Third, I am willing to commit to a temporary solution to allow the buying and selling of ownership interest at this time. I will allow you guys to transfer/sell/buy shares to whomever you want... people in the group or out of the group, either one. I don't feel like it is fair to say you MUST sell your shares to people already in the group... if someone is offering you 3x what someone in the group will, by all means.. sell your shares to the highest bidder. I have the right to suspend the selling and buying of ownership interests at any time, as this was never covered in the original investment offer, I am only trying to accommodate you guys.

Ya'll must take care of all negotiating and transactions yourselves. To avoid people blaming me for transaction errors, all sales of ownership interest MUST be posted as a reply in this thread. The post to inform the group that you have sold your shares should be similar to the following format: I sold 1 BTC of my interest to <insert name> who would like to receive his dividends at <insert bitcoin address>. The amount of shares you're selling must be in BTC.

Ownership transactions are non reversible, so make sure you get paid first. I highly recommend you change your password on the forums to something secure, and something that you don't use on any other sites. I will not be held responsible for your account getting hacked and someone selling your shares to themselves.

I hope this temporary solution is OK for most of you, thanks,

Ch

I agree, I dunno why I suggested LTCglobal first... I guess it was the first exchange that popped into my head.

BTCT would definitely be the best route to go IF we are to get listed on an exchange.

Hi all, hope you're having a nice holiday weekend!

I am seriously entertaining the idea of adding our group as an asset on Litecoinglobal.com. This would solve several problems for me and the group immediately.

First of all, this would allow everyone in the group to buy and sell shares at any time without me having to do all the work. I can tell you guys right now, my fees are very small and soon difficulty will be very high. I do not want to spend all my free time transferring shares all the time for everyone for pennies. I need to have a life too.

Secondly, this would be a way for me to streamline dividend payments. This is one of the only remaining things to figure out before our Avalons come. I could write a shell script for bitcoind to do this, but then I will not be allowing the buying/selling of ahares because it would again, require too much upkeep for little incentive.

Honestly, I'm not too familiar with litecoinglobal or what kind of fees, etc. would be involved, but I know it is a possible solution to the problems we face ahead of us. I am interested in everyone's opinions on this and how we should proceed. Please speak up!

Thanks,

Ch

Good

I've been working on ownership percentages of the Avalon's. I seem to be off by 0.000484296097%, I'm not sure whether this is transaction fees or my errors, but I will get it figured out soon. Everyone is encouraged to check my work. This will show you projected earnings with current difficulty up to 10x difficulty. Enjoy!  

https://www.dropbox.com/s/7b7omfd7hrbk9gs/Ownership%20Percentages%20%26%20Profit%20Projections.xls

Naw, you're good to go as long as no one objects to me assigning that deposit to you. If someone does, then we will work it out but I doubt we'll need to as I remember you deposited BTC.

I can't wait to get our Avalon's hashing!!  

SilentSpring has claimed Transaction ID: f0ae6f84b9afccadde51e4fd7a937ce15be6b3d0afc1be0cd17dfc598824776c

He's in for 2 BTC unless I get any objections, I have already updated the spreadsheet.

That leaves only 2 remaining unclaimed transactions.

Thanks,

Ch

I wanted to bump these posts in the thread to make sure all investors see them.

https://bitcointalk.org/index.php?topic=157930.msg1698379#msg1698379
https://bitcointalk.org/index.php?topic=157930.msg1698658#msg1698658

I am crediting the unclaimed 1 BTC transactions to thomashrev89 (1 BTC) and jargoman (3 BTC Total in 3 transactions) as I have received no objections.

There are still unclaimed deposits on the list, two of which the funds were sent from two addresses, so I'm not sure which address I should send back to. This is very important, please contact me.

The rest of the unclaimed deposits may remain anonymous if they like.. I'm not sure why they haven't contacted me yet. They only sent from one address, so I will just send their dividends there.

Ya... just letting him know that it was probably not a Mod that locked the thread and most likely Thiago himself.  

I'm not getting in the middle of this, but any OP can lock any thread they started at any time by editing it and clicking a check box below it.

Yea... I'm not worried about BFL yet. All they said is that they MIGHT ship next week. You have to take everything BFL says with a grain of salt.

When they show pictures/videos of actual devices hashing then I will believe they are shipping soon... I'm not talking about some prototype they wired up like Frankenstein either, actual devices that they will ship to actual customers customers in their fancy wannabe Apple cases.