SMG PT
A passthrough of S.MG from the MPEx Exchange
SMG represents passthrough shares of The Ministry of Games (MiniGame) corporation. All games developed by the corporation will use bitcoin payment systems exclusively.
Please refer to the original contract on MPEx for full details of how the underlying asset functions: http://mpex.co/?mpsic=S.MGThe Ministry of Games will use three ways to develop games:1. In house. The Ministry of Games will maintain a permanent staff drawing a salary (payable in the form of Bitcoin or S.MG stock warrants exclusively).
2. By working with external contractors. The contracts entered will be made public. All payments in the form of Bitcoin exclusively.
3. Partnerships and licensing deals. Revenue sharing and Bitcoin payments exclusively.
SharesThis security is a passthrough to the S.MG underlying asset at MPEx. It is entitled to receiving any dividends the underlying asset receives, less management fees. Each share of SMG represents 1 share held of the underlying S.MG asset. Underlying shares are held within TAT Investments’ CoinBr MPEx Brokerage account.
How to Import Shares:Shares may be imported from MPEx into SMG at double the cost of any 3rd party fees levied to facilitate the request, or a minimum of 1btc, whichever is higher. If other passthroughs exist, shares may be imported from those for 1btc per order. Contact TAT Investments directly for instructions.
How to Export Shares:Shares may be exported from SMG into your personal MPEx account at double the cost of any 3rd party fees levied to facilitate the request, or a minimum of 1btc, whichever is higher. If other passthroughs exist, shares may be exported to those for 1btc per order. Contact TAT Investments directly for instructions.
Share transfers can only be processed once per week per user. Please don't abuse this.
DividendsEach SMG share has the right to 95% of its respective dividends. 5% will be retained for asset management fees and brokerage account fees. The amount of the gross dividend is defined as the same amount distributed by S.MG to the shares held by the issuer for this asset. Dividends will be paid within 48 hours or less of confirmed payments from S.MG.
NOTE: There is no current dividend schedule for this asset. Dividends will only be paid if/when S.MG distributes them. There is no guarantee of dividends, nor of a frequent dividend schedule. Voting RightsS.MG Management alone may call for a vote, by making a statement indicating a number of clear alternatives for which shareholders are to vote and a cutoff date. If voting can be efficiently and reasonably passed to SMG shareholders through the BitFunder.com system, it will be provided as a benefit to shareholders. TAT Investments as asset issuer will vote on behalf all passthrough shareholders only if both BitFunder does not provide a sufficient voting system, and if CoinBr.com facilitates voting sufficiently through its platform.
Reserved RightsIssuer reserves the following rights:
1. To change schedule of dividends to be in line with any changes in schedule the underlying asset may enact.
2. To make changes to this contract that represent the best interests of its shareholders.
3. To correct and clarify any gross errors or details herein that may prove to be open to misinterpretation.
4. To change import/export fees for transferring shares to and from SMG.
DissolutionIn the event that the issuer chooses to, or is forced to, close this asset for any reason, the following methods may be used for dissolution in any combination:
1. A new operator may be vetted and chosen by TAT Investments to take over control of the asset.
2. Shares may be bought back from shareholders at a reasonable market value.
3. Shares may be converted to another existing S.MG passthrough, brokerage account, or MPEx account for each current shareholder.
In the event that the Ministry of Games corporation is sold to a 3rd party, bought out, or otherwise dissolved with a special final payment, transfer services will be halted and any funds gained by the closeout will be passed to shareholders, less a 1% closing fee.
LinksLink to asset page on Havelock:
https://www.havelockinvestments.com/fund.php?symbol=SMGLink to the official forum for S.MG:
https://bitcointalk.org/index.php?topic=224634.0Link to the official news area for S.MG:
http://trilema.com/category/smg/Issuer InfoTAT Investments is a leading bitcoin investment company with a mission to provide highly desirable offerings to bitcoin investors in new ways, and to set higher standards for bitcoin investments.
TAT Investments has offered identity information privately to BitFunder as a gesture of good faith, and an avenue for emergency contact.
A “dead man’s switch” will be implemented in order to pass control of this asset to a safe secondary operator in the case of the issuer’s untimely demise or hospitalization.
DisclaimerTAT Investments makes no guarantees in the case of unexpected behavior of the underlying asset or the actions of S.MG, Havelock Investments, MPEx and/or CoinBr, including, but not limited to, any loss due to default, scamming, hacking, or seizure. This is only a passthrough, and the actions of the underlying asset and sources will drive the definition of this asset in kind. Please perform due diligence in all investment decisions, and consider all risks before purchase.IRC: on Freenode, ThickAsThieves
E-mail: tat.investments /at/ gmail.com
