Again, emphasis mine.

This smells like a scam.

If I understand correctly:

1) Each share represents 2GH/s. This is the same performance/cost as USB block erupters @ 0.10 each.

2) You guys collect 55,833.1 BTC from suckers investors in your IPO.

3) In addition to your 35% fees, you will be keeping 17% of the IPO shares for yourselves. This 17% is in addition to your initial 35% skim. 17% of 65% is 11%, so in practice, shareholders will receive 54% of mining revenue, and you guys will receive 46% of mining revenue.

4) Even if you guys weren't skimming 46% of revenue from the 20TH/s, and even if difficulty STOPPED INCREASING, it would take almost exactly 365 days for you guys to pay back the IPO funds in dividends.

5) Given that you're taking almost half of mining revenue, and difficulty continues to rapidly increase, it's safe to assume that investors will NEVER see a full return of their IPO funds.

6) In December (3-4 months from now), you'll add another 100TH/s to your mining operation, and 54% of THIS hashing power will be paid out to shareholders in perpetuity, or until you guys get tired of running your scam.

TL;DR: you're looking for suckers to buy a mining farm for you.

As I mentioned earlier, this smells like a great big dirty:
SCAM

But I could be wrong.

Emphasis mine. I apologize if this has already been asked and answered, but you mention several times that dividends will be paid until shareholders' initial investment is recovered. Will shareholders continue to receive dividends after their initial investment is recovered? The quoted text seems to imply the opposite.

Why do you assume it's a total scam instead of an honest mistake, or a simple mix-up if you don't mind me asking?

Did you state your concern to OP, and ask for clarification?

Or did you just come back here and make an inflammatory post?


Emphasis mine.

Do you really believe this is a total scam? Or are you just stomping your boots because something that happened to you wasn't perfect?

\o/ !!

Truthfully, I forgot about this group buy.

Hahaha, AWESOME.

That's 0.18 PLUS shipping.

This is 0.15 INCLUDING shipping.

If you're gonna compare apples, at least make sure they're the same variety

Nope, no tracking email. It may have fallen through the cracks, but I don't recall seeing one come in.

EDIT: However, that's good news! If it's easier, you can feel free to PM me the tracking number.

Any word? 

That was me agreeing with you 

I assumed that the rush of buys was because of the wall disappearing.

If you're wondering why the green "https" lock is grey with a yellow warning sign over it, it's because the page contains non-secure items (namely, the picture hotlinked from imgur).

Assuming it's not a bug, I wonder if the 173,282 shares still represent a 20% stake in the company, or if they now represent a 17.3282% stake.

I might be wrong here, but my assumption was that the remaining ~26k shares would be added to the "outstanding units" count, once purchased.

I assumed the same, but check this out:


Given that the original number was 200k shares, it kinda looks like they didn't go anywhere. This just keeps getting weirder.

Looks like the remaining shares @ 0.15 have disappeared from the order book. They didn't get bought up; where did they go?

You poor guys. I liked it so I put a ring on it. 

 

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Interestingly enough, looks like another ~10k shares got bought up:

Units Outstanding: 155221
Market Cap: ฿23283.1500 (~$2353926.47)

+1! Let's discuss the situation like grown-ups!

Or, y'know, just call each other delusional trolls. Totally worth reading