XPM/USD pair has been added on crypto-trade.com

First trades have been done only few minutes after the addition with a last trade was at 0.69 usd per XPM.

First of all, let me say I had big love for Avalons and trust, however not anymore...

Ordered 2 February in some of first of batch 2. 2 avalons Paid with walletbit...

I have no reply to any of my tickets, only one reply at 4 th february telling me all is fine you will receive items. I have now stoppped to hope I will receive them someday...Anyway I even not sure avalon have the right adress for delivery as their website was buggy when we ordered in first...

So Does somebody know if Avalon is a registered company? At least I can try to complaint somewhere as they dont seem willing to reply us as customers.

However I can still to open a complain directly against avalon owner as his real name is well know in communauty. I'm looking on this side for now.

Actually even if Avalon delivered to most. Still some people are ignored while we talk about thousands USD for each. So I think AVALON deserve a scam tag until they fix all problem they have with some customers. A scam is something which dont deliver it promise to all people who paid for. This is actually the case for Avalon as me and many people are stuck in the limbo...


List of Units not delivered or not listed in shop, Well to resume List of units stuck in Limbo

Neotrix : Edit : units receveid 12 th july 2013
Begru : 3 Units batch 1 !!!
bablovagon : 1 Unit batch 2 : ordered 2nd Debruary 2013


If you feel you have been scammed too, or at least for now feels like stuck in total Limbo, share with us your problem with your Avalon order batch 1 or batch 2 to be added in this list.

Glad to announce Crypto-trade.com became since a few days silver member of the Bitcoin foundation. Seal has been aded in footer of website.

https://crypto-trade.com

We reduced our fees to 0% when you deposit using OKPAY. This offer is limited in time and can be stopped anytime.

https://crypto-trade.com

Dear users, we have some great news for your about our recent site developments.

1) Crypto-trade will soon change its tld from .com to .is (iceland) .The decision was taken as a prevention measure considering the domain seizures of big companies like Libertyreserve and many more using .com tld. After the new .is tld becomes active, all the .com domain requests will be redirected to .is

2) We have recently added OKPay as a payment option which will enable us to deal more efficiently with fiat currencies giving thus increasing our trading volumes as well. Fees to deposit using OKpay are setup to 1%

3) We have released API v1 as well to automate various trading functions such as trade,cancel orders,get trades history etc.You can find more by visiting our API documentation page : https://crypto-trade.com/api/documentation

4) All crypto-currency withdrawals are instant now.

More evolution are coming in the next weeks.

Regards, Neotrix
https://crypto-trade.com

I tried to contact avalon by ticket, email but no news and I would like to know where is my order batch2?

I paid 2 february, avalon and walletbit confirmed my order by email after I contacted them cause didnt get any confirmation. Anyway when I log in my account avalon there is no order for my account. It would be nice we fix this before you send my 2 avalons to another people or complaint because I didnt gave my infos ( like people who didnt receive yet batch 1)

Another thing is I was planning to resell them and have them delivered directly ( changing adress) to people I resell but I read its impossible. Well thats ok but Avalon could at least consider we should have our avalon batch2 in hand and the only infos we had for a delay, was batch2 sorry you are not a priority, or in last newsletter, you will be delivered 2 month later finally. Allowing your buyers to resell and change adress of their order was also a small way for you to give us something fo the delay, but that OK we understood such cutomer service was not included..

Anyway I paid for my order and I would like at least be able to see in my account with the store, have some infos...I like the fact avalon deliver a real products and is honnest but the total lack of customer support is not acceptable. Specially when some people ordered 2 months ago and even dont get a reply about their order not listed...

Sorry for opening this thread but contact avalon directly is useless, just ignored. Anyway I paid so I have the right to request about my orders.

Thanks in advance for a reply from Avalon

Hello

I seen many people selling their preoder avalon up to 20 000 usd on ebay and I'm also going to offer my 2 avalons paid preodered on 2 february. I can easily proof my order is paid with wallet bit, or email exchange I had with Yifu.

There is 2 way for receving the avalons: I can receive first the units and forward them directly to the buyer or I can also see with walletbit and Yifu to update the name, adress of receiver ( I would be ready to give some btc to Yifu for updating my order with new name of the new customers) to avoid delay and lost few days.

The price Bid start a 170 btc per unit and the winner will be the best bid offered. Bid will end in 48-72 hours from now. The minimum price is 170 Btc per unit and it wont be sold under. Some units are sold 20 000 usd on ebay so I guess 15 000 usd isn't the highest price.

If no bid is done I will also just keep the both units for myself as planned at start.

Hello

I seen many people selling their preoder avalon up to 20 000 usd on ebay and I'm also going to offer my 2 avalons paid preodered on 2 february. I can easily proof my order is paid with wallet bit, or email exchange I had with Yifu.

There is 2 way for receving the avalons: I can receive first the units and forward them directly to the buyer or I can also see with walletbit and Yifu to update the name, adress of receiver ( I would be ready to give some btc to Yifu for updating my order with new name of the new customers) to avoid delay and lost few days.

The price Bid start a 170 btc per unit and the winner will be the best bid offered. Bid will end in 48 hours from now. The minimum price is 170 Btc per unit and it wont be sold under. Some units are sold 20 000 usd on ebay so I guess 15 000 usd isn't the highest price.

If no bid is done I will also just keep the both units for myself as planned at start.

Hi everybody

Let me first introduce the project before you read the contract which will be proposed.
As some of you may know already I'm neotrix, 50% shareholder of Esecurity SA. Esecurity SA own koddos.com and kovpslayer.com. I'm also managing Esecurity SA 1 and 2 on litecoinglobal and one fund in BTC on Btct.co since fews months.

As announced yesterday, we are preparing a new trading plateform for crypto currencies and we would like to make this new service 50% publically owned. Let me first introduce this new service coming soon to you.

We have focused mainly on friendly trading interface, API and trading terminal. The website will be first owned by Esecurity SA (Koddos.com) until a new company is registered specially for crypto-trade.com.

Cryto-trade.com will accept trading with EUR and USD ( AUD and more will be added if needed for BTC) for BTC, LTC, NMC, PPC, TRC, DVC.
Pairs offered for trading will be (more will be added) :
BTC/ USD   BTC/EUR   LTC/BTC   LTC/USD   LTC/EUR   TRC/BTC   TRC/USD   NMC/BTC   NMC/USD   PPC/BTC    PPC/USD   DVC/BTC
More currencies and cryptocurrencies can be added later.

The sale of 50% of share to public could have multi effects. While assuring a huge promotion of the site in the community the fund of sales will be used in part to add more features, deposit and withdraw option and more. Good dividend can also be provided to a lot of people in the community according to trade volume and fees calculation as observed daily with respect to actual competitors. I would like to indicate that I don't really need funding for this project and can fund everything by myself, however I see a great potential and benefit to make the public 50% share holder , as explained previously, mainly for promotion purposes.

Fees of transactions will be as follows for users of this trading platform:
0.2% fees transaction for standard member
0.15% fees transaction for VIP member ( more than x volume monthly, more than x shares owned, or other categories can be considered later)


Official link: https://www.crypto-trade.com

The demo is only a prototype and will be updated daily from now to the launch date. Many functions are not enabled actually so you dont need to report any bugs of any sort. Anyways, suggestions for new features, improvement of present ones and other ideas are always welcomed. The display values or figures are dummy values and are in no way reflecting real figures.

The actual hosting is a shared hosting which is purposely used for testing and it will be moved to an efficient dedicated server with 16 cores, plugged onto Esecurity SA Network with High DDOS protection (Koddos.com). Dont be surprised to see the website not loading as fast as it will soon be blazing fast with upgrade in hardware and network.So you may experience performance issues at the moment.

PS : please use only Mozilla firefox for now, other navigator are not fixed and could create problem during your navigation.

LISTING CONTRACT

[/b][/u]


Please find below the contract which will be used for listing soon on BTCT.CO and litecoinglobal (next batch could be sold on other platform):

Description:
Crypto-trade.com is a new  trading platform for crypto currencies, It will allow users to trade USD, EUR for BTC, LTC, NMC, TRC, PPC, DVC. This project is launched under Esecurity SA company ( koddos.com, kovpslayer.com) and will be moved under its own company as soon the registration is completed. The management will be handled by Esecurity SA team (currently managing koddos.com)
The link of the website is : https://crypto-trade.com

Listings
Shares will be sold in BTC or LTC using BTCT.CO for BTC (Other platforms can be selected for other batches in BTC) and using Litecoinglobal for LTC.

Shares issuing:
50% dividend rights and 100% opinion/motion rights will be sold in 5 batches of 10,000 shares ( 10% each) .We will start by selling 1st batch(10,000 shares) for BTC and 2nd batch(10,000 shares) for LTC.The last 3 batches will be sold for BTC only.
It means that 40,000 shares will be available at end for BTC or 40% dividend rights and 10,000 shares for LTC or 10% dividend rights of crypto-trade.com. About the price of this operation we observed volume and estimated profits of our competitors and we decided the price of this sales according some profits estimation. The profits could be some % monthly for shareholders. I let each investor make its own calculation and decide if this offer will fill its expectations and investment requirement before to take any decisions to invest in this opportunity.

Batches will be sold as follow :
First 2 batches for BTC and LTC will have a face value of 0.20 btc each or the equivalent in LTC ( According to last equivalent LTC rate ), I will try to update the LTC share price everyday.
The 3 lasts batches in BTC will be sold at 0.25 BTC, 0.30 BTC and 0.35 BTC each respectively.
The date is not planned yet for the last 3 batches , and the issuer can launch the last 3 batches at its whole discretion 24 hours after a public announcement.

Assets of the listing:
The listed will
- Own the source code, Design and texts contents
- Own the domain name
- Own 16 cores server to run the website
- Own a percentage of monthly profits
- Own a right to vote for new decision, via motions/opinions system

Operation costs
There will be no operation cost taken on monthly profits other than the 50% rest profit which is not sold to public for the direction of project.  Server will be bought by the direction and plugged to Esecurity SA DDOS protected network for free for the lifetime of the project. No management cost will be deducted as it is included in the rest 50% profit.
Only some costs can be deducted for further development which solely relies on public motion obtaining 51% vote from all shareholders. (the 50% shareholders representing 100% of motion, the direction cannot vote for motion proposed)

Dividend
The monthly net profits includes : total of BTC or LTC earned with fees on transactions + all other crypto currencies fees and usd, Eur fees converted daily to btc or ltc. 50% of this amount will be issued monthly as dividend to the shareholders owning 50% of the right on dividend.
The dividend will be issued, the first day of each month. All shares sold on public market are entitled to the dividend payment.  The dividend could be also provided weekly instead of monthly at the whole discretion of the issuer.
The first dividend will be issued the first month after the launch of the website.
The dividend will be issued proportionately to the number  of shares sold until all shares are sold in public market.
Ex: If only 1 batch of 10% has been sold, 10% of the total website profits will be issued as dividend.

We cannot predict our future dividend and can only analyse monthly profits of our competitors who match around our planned fees. This website ( we won’t expose their identity) does trades summing up to 100k to 200k usd total volume daily and gets 0.4% of this volume around. This would mean a profit of 400 to 800 usd daily. According our estimation, after few months of operation we could make a profit of 25 000 USD monthly easily, and we would reverse if we reach this level, 12.500 USD monthly. This would make the dividend to few % monthly profits for shareholders.

Share Buyback
The issuer has no right to buy back. Shares are definitive sold on public market and the only way for issuer to buy back will be to buy it on public market.

Communication
All important announcements will be made on:
 - Exchanges where listing are listed using their own mailing or inside system
 - bitcointalk.org

Risks and profitability
You must consider this investment a medium risk investment with a high possibility of profits depending on volume observed on other competitors. However operating a crypto currency trading platform incurs some risk related to crypto currencies themselves ( double spend attacks, …) as well as the website could be victims of attack which could impact profits. However , be informed about the fact that we are specialist in server security since years and we will provide our best to avoid such incidents.

Closure of activities
The company can be closed and its activity stopped,  if one of the following case appears :
-   The company suffers losses for 6 months consecutively.
-   The 3 managers are incapable to manage (death, hospitalized for a long time , natural disaster…)
-   One justice order orders us to close our activies ( risk decreased as the final company will be registered in an offshore country with an exchange market not regulated)


Liquidation of the operation in case of closure:
The following describe actions that will be taken in the case of the company’s closure.
In the best case the company will be sold to a competitor or to another big company willing to expand their business in another fields. 50% of sales price will redistributed to shareholders as a final dividend in order to close the fund.
In the worst scenario, all assets will be liquidated and 50% of revenues will be redistributed to shareholders.


Every potential investor are requested to analyze this offer seriously before going ahead to ensure that it meets their expectations and requirements.  The only example for estimations of profits are competitors and this is what we chalked out based on our estimations.

Link to the listing on Btco.co and Litecoinglobal.com :

Batch 1 ( 10 000 shares represnting 10%) BTCT.CO : https://btct.co/security/CRYPTO-TRADE
batch 2 ( 10 000 shares representing 10%) LTC-GLOBAL : https://www.litecoinglobal.com/security/CRYPTO-TRADE


Regards, Neotrix ( Owner and shareholder of Esecurity SA, Koddos.com and Kovpslayer.com)

Hi everybody

As some of you may know already I'm neotrix, 50% shareholder of Esecurity SA. Esecurity SA own koddos.com and kovpslayer.com. I'm also managing Esecurity SA 1 and 2 on litecoinglobal and one fund in BTC on Btct.co since fews months.

I would like to announce the launch of crypto-trade.com in few weeks, which will be an alternative to Mtgox or Btc-e.com. The features are usual with many more additonal options.

We have focused mainly on friendly trading interface, API and trading terminal. The website will be first owned by Esecurity SA (Koddos.com) until a new company is registered specially for crypto-trade.com.

Cryto-trade.com will accept trading with EUR and USD ( AUD and more will be added if needed for BTC) for BTC, LTC, NMC, PPC, TRC, DVC.
Pairs offered for trading will be (more will be added) :
BTC/ USD   BTC/EUR   LTC/BTC   LTC/USD   LTC/EUR   TRC/BTC   TRC/USD   NMC/BTC   NMC/USD   PPC/BTC    PPC/USD   DVC/BTC
More currencies and cryptocurrencies can be added later.

I'm thinking to offer up to 50% of shares for sales soon in BTC and LTC. This operation can be done using usual platform btct.co, mpex... litecoinglobal for ltc, or can be done directly on a special section of crypto-trade.com to avoid any dependancy on other websites, your suggestion about this choice are welcome. Those shares will have rights on dividends weekly or monthly and some voting rights to decide about some direction of the company ( more informations and contract will be coming soon in "securities" section of this forum).

This operation could have multi effects. While assuring a huge promotion of the site in the community the fund of sales will be used in part to add more features, deposit and withdraw option and more. Good dividend can also be provided to a lot of people in the community according to trade volume and fees calculation as observed daily with respect to actual competitors. I would like to indicate that I don't really need funding for this project and can fund everything by myself, however I see a great potential and benefit to make the public 50% share holder , as explained previously, mainly for promotion purposes.

Fees of transactions will be as follows :
0.2% fees transaction for standard member
0.15% fees transaction for VIP member ( more than x volume monthly, more than x shares owned, or other categories can be considered later)


Official link: https://www.crypto-trade.com
Link for online demo ( registration possible to see dashboard and other members page but no deposit allowed and most features a not enabled):
https://www.crypto-trade.com/demo

The demo is only a prototype and will be updated daily from now to the launch date. Many functions are not enabled actually so you dont need to report any bugs of any sort. Anyways, suggestions for new features, improvement of present ones and other ideas are always welcomed. The display values or figures are dummy values and are in no way reflecting real figures.

The actual hosting is a shared hosting which is purposely used for testing and it will be moved to an efficient dedicated server with 16 cores, plugged onto Esecurity SA Network with High DDOS protection (Koddos.com). Dont be surprised to see the website not loading as fast as it will soon be blazing fast with upgrade in hardware and network.So you may experience performance issues at the moment.

PS : please use only Mozilla firefox for now, other navigator are not fixed and could create problem during your navigation.


Regards, Neotrix ( Esecurity SA, Koddos.com, Kovpslayer.com owner)

The bond is running since 1 weeks already but I didnt had time to open the thread for it. 10 shares has been sold already.

https://btct.co/security/ESECURITYSABTC

Please find below the contract :

This contract is a copy of the LTC Esecurity SA funds available in LTC market
since 2 months.

Introduction: This contract explains the Esecurity SA BTC Fund. The capital of
this fund will be invested to buy 10 servers at 2500 usd each (25 000 usd total)
Those servers will be pluged to our network (koddos.com) and will be rented to
our customers. 2500 shares will be issued according BTC/USD market price
representing 10 usd each. The monthly average price we do rent our servers is
450 usd. 30% of the server USD income will be converted in BTC to pay dividend
to shareholders. Dividend will be paid out monthly at the first day of each month.

Company presentation:

Esecurity SA, is a Belize registered company since 3 years.

Koddos.com is a division of Esecurity SA. Koddos is a premium hosting service
that specializes in high end hosting. It utilize the latest technologies and
high end hardware to provide an environment where your webpages will be served
at the fastest possible speed while providing security against DDOS and other
kind of attacks. High DDOS protecton, and proxy ip are available a affordable price.

We also offer Offshore Hosting for special business.

Esecurity SA is owning for 400 000 usd of hardware around( Routers, Box DDOS
protection, servers... Company have 2 shareholders and 5 full and half time workers.


Price of share : 2500 shares will be issued at total with the goal to obtain 10
usd per share on BTC/USD exchange market. Price of shares will also follow the
BTC/USD market price.


Dividends Terms: 30% of the severs income in USD will be distribued monthly. 70%
are held by the issuer for maintenance, bandwitch cost, company cost and some
profits. The average price we rent one server is 450 usd. We do rent our servers
from 400 usd to 5000 usd monthly as DDOS protection have multi level an price.
Dividend will forward the income. Server are guaranteed for 5 years.

Example : We rent each server 450 usd monthly. The issuer will take 135 usd to
convert it in btc for payment of dividends.
Example 2 : The second month one customer is DDOS attacked and upgrade his
protection. He pay now 1000 usd monthly, 300 usd will be also converted for
dividend.

Profitability Risk: Issuer can not give any profit guarantee as it is impossible
to predict the future BTC price. However the usd profit is guaranteed. As the
USD profits are converted in BTC, the profit will increase if BTC prise decrease
and will decrease if BTC price increase.. The profit depend mainly of BTC price.
Additionnaly as quoted previously, the profit rate will depend either of the
price our customer rent the server monthly.

Closing of the Operation: Issuer reserves the right to stop the operation of the
fund for the following reasons:

1) Issuer can stop the operation due to its becoming unprofitable for the company.
2) Issuer can stop the operation due to illness or other severe health or life
problems
3) Issuer can stop the operation if the company close.
4) Issuer can decide to close the fund for any other reasons than quoted previously.

The the 1-3 reason, the issuer can close the Fund at anytime. For the reason 4,
the issuer can close the fund only after 1 year of operation.

Liquidation of the Fund: When liquidation happens , 25 000 usd ( initial amount
USD invested by shareholders in the fund) will be converted to BTC by the issuer
and reversed to shareholders in order to close the fund refunding the initial
amount of USD invested by shareholders when the fund has been open.


I finally decided to issue the dividend weekly instead of monthly.

First dividend has been issued Sunday 2st december 2012 :     0.01160281 BTC per share
First extra dividend fro extra convertion rate has been issued today : 0.004 BTC per share


Let me know if you have any further questions

https://btct.co/security/ESECURITYSABTC

Regards, Neotrix

As some of you know it, Im the owner of Esecurity SA, alias koddos.com

I'm running 2 small funds in litecoinglobal and decided to offer same fund for BTC in Cryptostocks as many of you requested me in past.

https://cryptostocks.com/securities/27

Please find below the contract

This contract is a copy of the LTC Esecurity SA funds available in LTC market since 2 months.

Introduction: This contract explains the Esecurity SA BTC Fund. The capital of this fund will be invested to buy 40 servers at 2500 usd each (100 000 usd total) Those servers will be pluged to our network (koddos.com) and will be rented to our customers. 10 000 shares will be issued according BTC/USD market price representing 10 usd each. The monthly average price we do rent our servers is 450 usd. 30% of the server USD income will be converted in BTC to pay dividend to shareholders. Dividend will be paid out monthly at the first day of each month.

Company presentation: Esecurity SA, is a Belize registered company since 3 years. Koddos.com is a division of Esecurity SA. Koddos is a premium hosting service that specializes in high end hosting. It utilize the latest technologies and high end hardware to provide an environment where your webpages will be served at the fastest possible speed while providing security against DDOS and other kind of attacks. We also offer Offshore Hosting for special business. Esecurity SA is proprietary of 400 000 usd of hardware ( Routers, Box DDOS protection, servers... Company have 2 shareholders and 5 full and half time workers.

Price of share : 10 000 shares will be issued at total with the goal to obtain 10 usd per share on BTC/USD exchange market. Price of shares will also follow the BTC/USD market price.


Dividends Terms: 30% of the severs income in USD will be distribued monthly. 70% are held by the issuer for maintenance, bandwitch cost, company cost and some profits. The average price we rent one server is 450 usd. We do rent our servers from 400 usd to 5000 usd monthly as DDOS protection have multi level an price. Dividend will forward the income. Server are guaranteed for 5 years.

Example : We rent each server 450 usd monthly. The issuer will take 135 usd to convert it in btc for payment of dividends.
Example 2 : The second month one customer is DDOS attacked and upgrade his protection. He pay now 1000 usd monthly, 300 usd will be also converted for dividend.

Profitability Risk: Issuer can not give any profit guarantee as it is impossible to predict the future BTC price. However the usd profit is guaranteed. As the USD profits are converted in BTC, the profit will increase if BTC prise decrease and will decrease if BTC price increase.. The profit depend mainly of BTC price. Additionnaly as quoted previously, the profit rate will depend either of the price our customer rent the server monthly.

Closing of the Operation: Issuer reserves the right to stop the operation of the fund for the following reasons:

1) Issuer can stop the operation due to its becoming unprofitable for the company.
2) Issuer can stop the operation due to illness or other severe health or life problems
3) Issuer can stop the operation if the company close.
4) Issuer can decide to close the fund for any other reasons than quoted previously.

The the 1-3 reason, the issuer can close the Fund at anytime. For the reason 4, the issuer can close the fund only after 1 year of operation.

Liquidation of the Fund: When liquidation happens , 100 000 usd ( initial amount USD invested by shareholders in the fund) will be converted to BTC by the issuer and reversed to shareholders in order to close the fund refunding the initial amount of USD invested by shareholders when the fund has been open.


Please let me know if you have any questions.

100 first shares has been issued today.

Hello everyone

I decided to open a LTC fund  (The BTC one should follow soon) based on my hosting company Esecurity SA (Koddos.com)

https://www.litecoinglobal.com/security?s=ESECURITY-SA

Please find below the detail:

Introduction:
This contract explains the Esecurity SA LTC Fund. The capital of this fund will
be invested to buy one server at 2500 usd.
This server will be pluged to our network (koddos.com) and will be rented to our
customers.

The monthly average price we do rent our servers is 450 usd.

30% of the server USD income will be converted in LTC to pay dividend to
shareholders.

Dividend will be paid out monthly or weekly at the discretion of issuer.



Company presentation:
Esecurity SA, is a Belize registered company since 3 years. Koddos.com is a
division of Esecurity SA.
Koddos is a premium hosting service that specializes in high end hosting. It
utilize the latest technologies and high end hardware to provide an environment
where your webpages will be served at the fastest possible speed while providing
security against DDOS and other kind of attacks. We also offer Offshore Hosting
for special business.
Esecurity SA is proprietary of 350 000 usd of hardware ( Routers, Box DDOS
protection, servers...) Company have 2 shareholders and 5 full and half time
workers.

Dividends Terms:

30% of the severs's income in USD will be distribued monthly. 70% are held by
the issuer for maintenance, bandwitch cost, company cost and some profits.

The average price we rent one server is 450 usd. We do rent our servers from 400
usd to 5000 usd monthly as DDOS protection have multi level an price. Dividend
will forward the income.

Server are guaranteed for 5 years.


Example :

We rent the server 450 usd monthly. The issuer will take 135 usd to convert it
in ltc for payment of dividends.

Example 2 : The second month the customer is DDOS attacked and upgrade his
protection. He pay now 1000 usd monthly, 300 usd will be also converted for
dividend.


Profitability Risk: Issuer can not give any profit guarantee as it's impossible
to predict the future LTC price. However the usd profit is guaranteed. As the
USD profits are converted in LTC, the profit will increase if LTC prise decrease
and will decrease if LTC price increase.. The profit depend mainly of LTC price.
Additionnaly as quoted previously, the profit rate will depend either of the
price our customer rent the server monthly.


Closing of the Operation:
Issuer reserves the right to stop the operation of the fund for the following
reasons:

1)   Issuer can stop the operation due to its becoming unprofitable for the company.

2)   Issuer can stop the operation due to illness or other severe health or life
problems

3)   Issuer can stop the operation if the company close.

4)   Issuer can decide to close the fund for any other reasons than quoted previously.

The the 1-3 reason, the issuer can close the Fund at anytime. For the reason 4,
the issuer can close the fund only after 1 year of operation.

Liquidation of the Fund: When liquidation happens , 2500 usd ( initial amount
USD invested by shareholders in the fund) will be converted to LTC by the
issuer and reversed to shareholders in order to close the fund refunding the
initial amount of USD invested by shareholders when the fund has been open.



Please let me know if you have questions.

I have a question about creating a new security but I want to know if such security go with GLBSE rules.

Well here my idea.

My company is a hosting provider which bring a lot of money. We own our own network, for 350 000 usd of harware already around. The company run since 4 years successfully. All harwdare bought has been made with our benefits as we started reseller...before to own everything.

We are full of customers due 4 years of activities now and a high place in google ranking due an incredible SEO working for us.

OK, now we go to financial part. We offer ddos protection so we rent our server more expensive than normal hosting. Price is for a dedicated server from 400 or 500 usd to 5000 usd month for like a casino website which need 10 giga protection or like.

You can guess our profit are really awesome. In fact we refund a server with cost included in 6 or 7 months maximum. Servers we buy are guaranteed for 5 years.

We recently invested most of our money reserve to buy new servers, but still its not enought. I also would like to open the company for funds investments.

Well, this business is based on usd, so I could offer for example on fund with 10 new server. Example goal is to reach 25 000 usd to buy 10 new server at 2500 usd each.

I withdraw those btc and buy servers an plug then to the network to rent them to our customers. Then I took 30% of servers money monthly to give dividend. Its good for market btc as I need to convert USD to BTC monthly to give dividend ( could be weekly too). it mean for 5 years the share could bring btw 5-10%monthly based on the USD value of btc when you invested. ( more calcul have to be done and it depend what prices servers are rented,


Let me know if such fund could work for GLBSE. Anyway this investment could be backup by my company, and in fact the amount I plan to open for investment will be like 15-20% maximum of our actual hadware bought by us already. If problem let say we have some money to pay if you get me.

Additionnaly the company bring us good income ( we are only 2 shareholders) which can give insurrance to investors to be paid if the company fail someday.

The company run since 4 years around. The name of company will be provided only if this idea become real.

Waiting your suggestions.

I would like to present litecoincash.com, new LTC proportional pool.

The site is not completed fully ( about us, Faq) but the pool is operational.

Our features :
   - Proportional Payout system with a very low fee of 1%
   - Longpoll support
   - Low stale rate
   - Develloped interface for user
   - Automatic and Instant Payout
   - Graph and history available
   - Dedicated and powerfull server

A webminer and java miner for webmaster will be added this week.

Fees are 1% in order to manage the pool in best condittion.

http://litecoincash.com