Good question.

This will hopefully be shown in future quarterly reports. We're at the start of the second quarter, and the first buyback period was stated to last 90 days:


... with a quarterly report in Q2, after this period has ended:


(Source: https://medium.com/iconominet/iconomi-introduces-repayment-programme-54bfa449d458)

These two pieces of information tell us that the quarterly report won't be published until the end of June (the end of Q2, and the end of the 90 day buyback period)

If this is a full quarterly report, then the BTC (and other spending) should be accounted for in that report, as well as the ICN buyback information.

Note to Iconomi team: A summary email (which investors receive every so often) is NOT a quarterly report.

Investors should expect to see a detailed report of BTC (and any other funds) spent, as well as information on the 1000 ETH buyback, shortly after the end of June. References to blockchain transactions for any blockchain spending would also be beneficial to the diligent investor.

If this report contains ONLY the buyback information, then you should be making it clear that you want to see more detailed information on spending, and income, in a proper published report. And not just an 'update' email.

As we have just exited Q1, it's possible that a Q1 report will be shared soon, but there's been no indication of this so far, and I don't expect this to happen. It would be nice if it did, though.

This is how we encourage transparency, and accountability.

I look forward to seeing how much detail this report will contain.

As always, Mendeleev has got your back