We are chineses, English is not our native language, maybe translate omissions inevitably.
We very much welcome if you point out grammatical errors in our files.
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Our website
http://www.weiyunpool.comEnglish Investor Relations page:
http://www.weiyunpool.com/english.phpCryptostocks IPO Link:
https://cryptostocks.com/securities/115Contact us:
info@weiyunpool.com QQ: 6434830
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Weiyun Pool IPO Information
About us
Weiyun Pool (
http://www.weiyunpool.com) will offer 50,000 non-dilutable profit shares (ticker symbol WPOOL). Issuer is the "SHANGHAI WEIYUN ONLINE INFORMATION TECHNOLOGY LIMITED" company (abbreviation Weiyun Online) which is registered in the Shanghai,China. And Weiyun Pool is the wholly-owned subsidiary of Weiyun Online.
Weiyun pool automatically mines the most profitable Scrypt coin, automatically exchanges those coins for litecoins, and pays out entirely in litecoins or RMB (Chinese Currency, CNY).
Weiyun pool focus on improving the efficiency of scrypt algorithm mining. We will make AMD graphics reg or Gridseed mining machine are able to get more profit than LTC mining. Many times there are other scrypt coins,(recently，dogecoin,mintcoin,zeitcoin and so on), which are more profitable to mine than LTC, we automatically switch scrypt mining to most profitable altcoin,then we exchange the coins to LTC at altcoin exchange market. Finally, Our members get paid comfortably in LTC or RMB every day.
For example: In the March 5，Mining Litecoin will get 0.2766LTC/M one day. But our pool mining alternate cryptocurrencies and get 0.33LTC/M one day. We pay our members 0.31LTC/M. so our profit is 0.02LTC/M (0.33-0.31=0.02).The hashrates of ours pool is 1686M in March 5. So our total gross profit is 0.02LTC/M * 1686 = 33.72 LTC(about 0.87BTC) in March 5.
Weiyun Pool launth in January 2014. As of March 17, 2014, the number of registered member has attained 3254, and average total hashrate is 2441 M/s; during the last week, operating income is 84.12 BTC, operating expenditure is 76.89 BTC, thus gross profit is 7.23 BTC, and gross profit margin is 9.4%.For more information, you can read our Financial Statement
Our original financial documents are written in Chinese,by accounting of our company.Any Certified Public Accountants Co,.Ltd in China is unable to audit our company value by bitcoin because of the China policy.So our Financial Statement was translated and notarized by a well-known Hongkong translation company.their name is HONGKONG FINDHOW INTERNATIONAL GROUP LIMITED. Investor can find more information in their website
http://www.findhow.hk/English/Our business is in rapid growth period,Our goal is the number of registered members reach 8000 and total hashrate reach 10G in the next three month,then double based on this condition by the end of this year. So we are seeking capital to help us to add more servers and upgrade our website system and recruit more staffs to service to our members.
It is estimated that this process will require around 250 BTC in capital. ,Updated:we have get fund from a shanghai local VC.
IPO information updatedWe have finished our IPO in cryptostocks.
For any information please contact use at
info@weiyunpool.comIPO Financial Statement,translated and notarized (updated in 20-3-2014)
http://www.mediafire.com/view/ipgx9jdkgjln8ub/fin-eng.pdfIPO Financial Statement,chinese original files (updated in 20-3-2014)
http://www.mediafire.com/view/7d1unh4ci9h32l5/fin-ch.pdf
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