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Author Topic: Re: [LTC-GLOBAL] - ART - building a open art studio [week 32]  (Read 15517 times)
EskimoBob (OP)
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June 08, 2013, 10:24:24 AM
 #121

and the comedy continues...

LOL! What bonds are you talking about? James?


Oh sorry... It is not bonds... It is "tokens". I am sorry for my mistake. For a moment I forgot you not even deal with legit financial instruments.

 Roll Eyes


Dear little troll Augusto Croppo, because you enjoy making a complete fool out of your self on every opportunity you get, let me give you few more. Can you point me to a "legit financial instrument" in BTC/LTC.
 
And here is one more, troll Augusto Croppo: Please amuse me and other readers by defining a "legit financial instrument".

Let the comedy continue.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
augustocroppo
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June 08, 2013, 11:11:24 AM
 #122

Dear little troll Augusto Croppo, because you enjoy making a complete fool out of your self on every opportunity you get, let me give you few more. Can you point me to a "legit financial instrument" in BTC/LTC.
 
And here is one more, troll Augusto Croppo: Please amuse me and other readers by defining a "legit financial instrument".

Let the comedy continue.

By legit financial instrument I mean a security which is operated and based on a legit contract. You are confusing the term legit with the term regulation.

There are legit BTC financial instruments operated without regulation in Internet platforms such as Mt.Gox, MPEx, 1Broker, etc.

This are just few which come in my mind right now.

The contract for your "token" instrument is quite legally and ethically useless, beside the fact you never provided any evidence the ovens even exist.


EskimoBob (OP)
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June 09, 2013, 08:05:56 AM
 #123

Dear little troll Augusto Croppo, because you enjoy making a complete fool out of your self on every opportunity you get, let me give you few more. Can you point me to a "legit financial instrument" in BTC/LTC.
 
And here is one more, troll Augusto Croppo: Please amuse me and other readers by defining a "legit financial instrument".

Let the comedy continue.

By legit financial instrument I mean a security which is operated and based on a legit contract. You are confusing the term legit with the term regulation.

There are legit BTC financial instruments operated without regulation in Internet platforms such as Mt.Gox, MPEx, 1Broker, etc.

This are just few which come in my mind right now.

The contract for your "token" instrument is quite legally and ethically useless, beside the fact you never provided any evidence the ovens even exist.


It's all in your head boy, it's all in your head... LOL

Augusto Croppo, if you want to continue this sad circus of yours, start another thread and embarrass yourself all you want. Please, move on and troll somewhere else. You add no value to this thread.

I'll close this thread until you 2 jokers (Mircea Popescu's sock puppet aka "PR scank" and little troll Augusto Croppo) take their meds and calm down.

For the rest of you - If you have any question, please send me a PM and I'll publish my answers here, with your questions.
Cheers!

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
EskimoBob (OP)
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June 14, 2013, 10:27:00 AM
 #124


Sorry, I forgot Smiley  Here is the corrected P/L statement. Previous statement was missing the May Depreciation
   

Code:
Profit & Loss For Period Covering 01.05.2013 to 31.05.2013

Revenues   
Income               
           firing       € 82,29
           Wheel rental € 40,00     
Total Revenue          € 122,29


Expenses
       Depreciation     € 44,00     
           Electricity  € 22,31     
Total Expenses          € 66,31
Net income for Period   € 55,98

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
EskimoBob (OP)
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June 30, 2013, 11:44:18 AM
Last edit: July 01, 2013, 03:24:45 PM by EskimoBob
 #125

I am going to publish our reports on July 01 because I like to have the closing price for LTC:EUR and BTC:EUR.
Reports will be for the last 6 months and for the June.


Please do not feed the trolls!

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
EskimoBob (OP)
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July 01, 2013, 03:24:28 PM
 #126

Here are the numbers for https://www.litecoinglobal.com/security/ART

Here are the numbers for June 2013 and for the last 6 months. June-August are considered the vacation months around here so I did not expect any growth.
As expected, we got fewer firing gigs but wheel got some action, so we did better than month before.

Revenue was up from 122,29 to 210,66 and net income rose form 55,98 to 138,51.
Wheel use was up from previous 40 by €100, while kiln use dropped by 11,69 to 70,60.

Code:
ART Income Statement For Period Covering 01.06.2013 to 30.06.2013

Revenues             
Income             
      firing                         € 70,60
      Wheel rental                  € 140,00
Total Revenue                       € 210,60
           
Expenses
Expenses                              € 0,00
      Depreciation                   € 44,00
      Electricity                    € 28,00
Total Expenses                       € 72,09
Net income for Period               € 138,51

Here are the numbers for the first half of the 2013

Code:
ART Balance Sheet 30.06.2013

Assets         
Assets
      Current Assets                 
            Petty Cash              € 399,29
      Fixed Assets                   
            Kiln 01               € 2 226,00
            Wheel 01              € 1 152,00
      Investments
            Brokerage Account
                  81,84 BTCw      € 6 047,98
                  121,42 LTCw       € 244,84

Total Assets                     € 10 070,11
Liabilities
Total Liabilities                     € 0,00

Equity
Equity
      Share Capital               € 4 303,70
Retained Earnings                    € 92,29
Unrealized Gains                  € 5 674,12
Total Equity                     € 10 070,11
Total Liabilities & Equity       € 10 070,11

Exchange rates
1 BTCw € 73,90
1 LTCw € 2,0165


ART Income Statement For Period Covering 01.01.2013 to 30.06.2013
Code:
Revenues
Income   
       firing                       € 307,59
       Wheel rental                 € 200,00
Total Revenue                       € 507,59
           
Expenses
Expenses
       ART Div                       € 31,00
       Bank Service Charge           € 15,76
       Depreciation                 € 132,00
       Electricity                   € 50,40
       Equipment and materials      € 186,14
Total Expenses                      € 415,30
Net income for Period                € 92,29


Profit & Loss For Period Covering 01.01.2013 to 30.06.2013

Code:
Revenues
Income
      firing                        € 307,59
      Wheel rental                  € 200,00
Total Revenue                       € 507,59
                                       
Expenses             
Expenses       
      ART Div                        € 31,00
      Bank Service Charge            € 15,76
      Depreciation                  € 132,00
      Electricity                    € 50,40
      Equipment and materials       € 186,14
Total Expenses                      € 415,30
Net income for Period                € 92,29

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
EskimoBob (OP)
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August 06, 2013, 03:29:50 PM
 #127

As mentioned in previous month report, summer is really slow around here and as expected, everything slowed down even more in July. We decided to closed the shop for few weeks and enjoy the summer as everyone else.

Code:
Income Statement For Period Covering 01.07.2013 to 31.07.2013

Revenues                     
Income                     
       firing           € 8,80       
Total Revenue                  € 8,80
                                                     
Expenses                     
Expenses                     
       ART Div           € 96,28       
       Depreciation           € 44,00       
Total Expenses                  € 140,28
Net loss for Period                  € 131,48

Code:
Balance Sheet 31.07.2013
Assets                     
Assets           € 0,00       
       Current Assets    € 0,00             
             Petty Cash    € 408,09             
       Fixed Assets    € 0,00             
             Kiln 01    € 2 198,00             
             Wheel 01    € 1 136,00             
       Investments    € 0,00             
             Brokerage Account   
81,84 BTCw    € 6 367,15
73,66 LTCw    € 166,47
         
Total Assets                  € 10 275,71
Liabilities                     
Total Liabilities                  € 0,00
Equity                     
Equity           € 0,00       
       Share Capital           € 4 303,70       
Retained Losses                  € 39,19
Unrealized Gains                  € 6 011,20
Total Equity                  € 10 275,71
Total Liabilities & Equity                  € 10 275,71
Exchange rates
1 BTCw    € 77,80
1 LTCw    € 2,26

Shares outstanding:  99000
Equity per share 0,10379505 EUR (0,045927013 LTC)


While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
rustyh17
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September 23, 2013, 02:20:14 PM
 #128

EskimoBob,

With LITECOINGLOBAL closing, what are your plans for maintaining this asset? I am a major
shareholder of the 99,000 outstanding shares. A proactive and complete plan for transition
to another exchange or for liquidation of this asset is requested forthwith. Please advise.

Thanks,

Rustyh17
EskimoBob (OP)
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September 23, 2013, 05:18:41 PM
 #129

EskimoBob,

With LITECOINGLOBAL closing, what are your plans for maintaining this asset? I am a major
shareholder of the 99,000 outstanding shares. A proactive and complete plan for transition
to another exchange or for liquidation of this asset is requested forthwith. Please advise.

Thanks,

Rustyh17

I have all the e-mail addresses and most have LTC addresses attached for verification.
There is a new LTC exchange in the works https://forum.litecoin.net/index.php/topic,6068.0.html

I advise everyone to keep their cool and hopefully there is a painless way out of this mess.
I'll be updating our official thread https://forum.litecoin.net/index.php/topic,980.0.html or use ltcglobal messaging system to keep you all posted.

BTW, I am closing this thread for now. Please use forum.litecoin.net form now on.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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