neotrix (OP)
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September 20, 2012, 11:44:10 AM |
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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.
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Bitcoin Oz
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September 20, 2012, 11:51:51 AM |
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If you are an actual registered company with transparent financial accounting that is badly needed on glbse.
I suggest you pm nefario with your company details and come up with a good prospectus.
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neotrix (OP)
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September 20, 2012, 11:55:09 AM |
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Of course ( I tought it wasn't a choice), I plan to provide my personnal identity, as well of all company papers and proof to the owner of Glbse.
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Bitcoin Oz
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September 20, 2012, 11:58:52 AM |
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Of course ( I tought it wasn't a choice), I plan to provide my personnal identity, as well of all company papers and proof to the owner of Glbse.
If its an actual registered company with transparent accounting it would possibly belong on the bluechip market if its as described in the OP.
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neotrix (OP)
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September 20, 2012, 12:05:29 PM |
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Its an offshore registered company since years so all accounting will be hard..., but all proof like all hardwares we own...Our profits monthly since years...will be provided to owner of glbse.
Anyway I know already being an offshore company will bring less trust. But the business Behind, hosting provider running since years and established should bring the trust. In fact it would cost me much more to lost my company than to scam even 50 or 100 k. People will see it when seeing the hosting website. Its a really good business.
Anyway so do you think such project goes with glbse concept ?
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Bitcoin Oz
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September 20, 2012, 12:09:46 PM |
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Its an offshore registered company since years so all accounting will be hard..., but all proof like all hardwares we own...Our profits monthly since years...will be provided to owner of glbse.
Anyway I know already being an offshore company will bring less trust. But the business Behind, hosting provider running since years and established should bring the trust. In fact it would cost me much more to lost my company than to scam even 50 or 100 k. People will see it when seeing the hosting website. Its a really good business.
Anyway so do you think such project goes with glbse concept ?
If its offshore theres also the benefit that a particular government cant shut you down easily. Its definitely what glbse is for, raising money to expand your business.
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neotrix (OP)
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September 20, 2012, 12:15:33 PM |
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Ok, that's nice to hear. And yes our goal when deciding to go for offshore was safety and freedom for main reason, and of course low fees.
Additionnaly all our server are located in Netherland, considered offshore for internet hosting, as log have to be deleted every 3 weeks by datacenter.
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Lethos
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September 20, 2012, 12:26:26 PM |
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Any connection to serverius?
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neotrix (OP)
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September 20, 2012, 12:45:47 PM |
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No, our hardware are located in their Datacenter only.
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bitcoinbear
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September 20, 2012, 02:27:47 PM |
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Are you a non-native English speaker? The OP is a bit hard to read due to sentence structure.
This sounds like a perfect use of the GLBSE. I know adding in a layer of bitcoin and share ownership will make the accounting more difficult, but once you initially figure out how everything goes it will not be too much more work.
The one potential downside for investors is that this business will be holding physical assets, and so the share price will decrease as the BTC rises in value. Although, if BTC goes down in value the share price will rise, so this could be a hedge against the BTC price dropping. This will make investors have to consider how much they want to invest denominated in a deflating currency. This general predicament is shared by any company listing on GLBSE, not just yours, so do not be discouraged. I think the price of Bitcoins will stabilize in the future, then investing will really take off, and you may have an advantage by being one of the earliest to list in this market.
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bigasic
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September 20, 2012, 03:10:57 PM |
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I agree, this would be perfect for the GLBSE, but I am running into the exact same issues as the op... I think GLBSE offer a little more help in helping people like the op and other investment opportunities. We need less scams and more legitimate real world businesses, especially established businesses that will generate income immediately, not just start ups that hope to make money...
Offerings like the OP wants to do will only help bitcoin..
AR
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DeathAndTaxes
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Gerald Davis
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September 20, 2012, 03:20:51 PM |
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It is an interesting idea. Since you are already a registered company (LLC, Corp) I would make sure in the contract that you aren't offering equity in your company but rather offering "shares" of a revenue sharing contract. Also be sure the contract clearly explains that revenue and profits are in USD. GLBSE needs more real investments and could potentially be very useful for companies to raise "non traditional capital". would recommend you take your time. Launching quickly with a poorly worded contract is likely going to reflect badly. Find someone with experience on GLBSE have them look over your draft contract, make suggestions/revisions. Release the contract and asset terms will in advance of the IPO day.
I will be following this closely. As an owner of a US based company we are considering setting up an offshore holding company which would be sold a fractional ownership stake of the parent company. Your success here will be a good predictor for our potential success.
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neotrix (OP)
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September 20, 2012, 09:05:27 PM |
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thanks for support guys Deathantaxes, if you need an offshore structure just let me know, I could help it a special threa when you need relation... Bitcoinbear, sorry Im french so not a native speaker, please accept my apologies for bad english...I know...but trying my best...
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bitcoinbear
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September 20, 2012, 09:09:45 PM |
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thanks for support guys Deathantaxes, if you need an offshore structure just let me know, I could help it a special threa when you need relation... Bitcoinbear, sorry Im french so not a native speaker, please accept my apologies for bad english...I know...but trying my best... Don't worry too much. You would not want to see me try french. Je ne parle pas bien Francais.
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neotrix (OP)
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September 20, 2012, 09:17:17 PM |
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thanks for support guys Deathantaxes, if you need an offshore structure just let me know, I could help it a special threa when you need relation... Bitcoinbear, sorry Im french so not a native speaker, please accept my apologies for bad english...I know...but trying my best... Don't worry too much. You would not want to see me try french. Je ne parle pas bien Francais. Thanks I live in Thailand and my gf is thai, then i Use english everyday, anyway will be never a REAL english like you use in UK or USA... trying my best to people can understabnd but its good to meet someone telling about his french LOL I would meet more people like you in Phuket lol, as usually native english speaker have no pity for us...lol and yes often I would reply them and you do you speak french? lol .You got my point
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neotrix (OP)
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September 20, 2012, 09:51:58 PM |
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It is an interesting idea. Since you are already a registered company (LLC, Corp) I would make sure in the contract that you aren't offering equity in your company but rather offering "shares" of a revenue sharing contract. Also be sure the contract clearly explains that revenue and profits are in USD. GLBSE needs more real investments and could potentially be very useful for companies to raise "non traditional capital". would recommend you take your time. Launching quickly with a poorly worded contract is likely going to reflect badly. Find someone with experience on GLBSE have them look over your draft contract, make suggestions/revisions. Release the contract and asset terms will in advance of the IPO day.
I will be following this closely. As an owner of a US based company we are considering setting up an offshore holding company which would be sold a fractional ownership stake of the parent company. Your success here will be a good predictor for our potential success.
You exactly got my point, and understood why I made this post...A story about usd... and glbse btc...Anyway 100% agree with your post. About the contract We have people in our team english native speaker...for the contract. In fact only me is aware about btc, ltc..cryptocurrency...Thats why its me which is posting here. Usually you will never see me posting somewhere, as my job is to manage a team but since I started to love all crypto currency... ...( im far to be skilled in programmation, hosting tech stuff....) but Im still good to get he best of each people to then create monster for business... That's what my partner or workers like to say about me Anyway I'm glad to see the project could reach the GLBSE expectements and rules. I will also request soon to be approved by GLBSE, hoping to reach their requests of verification and the name of the company and website will be announced in thje funds description. Thanks you guys to let me know I was in the ryt way :0
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WITRcenter
Member
Offline
Activity: 88
Merit: 10
W Investment Technology Research Center
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September 21, 2012, 01:41:21 PM |
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Its an offshore registered company since years so all accounting will be hard..., but all proof like all hardwares we own...Our profits monthly since years...will be provided to owner of glbse.
Anyway I know already being an offshore company will bring less trust. But the business Behind, hosting provider running since years and established should bring the trust. In fact it would cost me much more to lost my company than to scam even 50 or 100 k. People will see it when seeing the hosting website. Its a really good business.
Anyway so do you think such project goes with glbse concept ?
neotrix, accounting is for business, not necessarily for a company. The company is offshore, but the business is under your control on shore. Do you keep any tally book to make a historical financial statements? Have you paid taxes for you business? Tax would be good evidence to show your profitability.
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Factory
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September 21, 2012, 08:07:44 PM |
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neotrix, accounting is for business, not necessarily for a company.
No.
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Factory
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September 21, 2012, 08:12:22 PM |
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Waiting your suggestions.
A link to the company website. That will help paint a much better picture of what we are talking about here.
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