Full contract and prospectus is available for viewing here at ...
https://www.litecoinglobal.com/security/TRIPLE-B-BUYERplease read and reply with thoughts and concerns
Triple B Mining ©: the great and secret order of mining magick...
...is proud to bring you another creative LTC based business
Triple B Buyer©
Loufie Churchill - Security Operator and General Manager
nateBTC - Security Administrator
Triple B Buyer © - Cryptographic Mining & Hardcore Gamining Machines
Brisbane, Queensland. Australia
buyer@triplebmining.comRe-tweet us @TripleBmining
https://www.facebook.com/TripleBMiningSkype 10-6 mon-fri AEST
Skype name: Triple B Mining
litecoin forum name: liteloufie
In line with everything we stand for we would like to take this opportunity to offer prospective investors the chance to enable more miners enter the fascinating world of crypto currency generation with the right hardware, support and guidance. Please welcome the Triple B Buyer bond into its role as a turnkey mining offering and help us assist new and existing miners to avoid the years of research and costly trial and error that accompanies mining initially and ongoing if they want it now, they want it to work...and that's exactly what we want for them...at a significantly reduced cost from retail and with service that will make the life of a new miner about understanding crypto currencies and the endless associated opportunities for innovation, rather than the pain of non-productive mining equipment, the frustrating lack of revenue and the general lack of options for real support and guidance provided either in person or by communication with a real person rather than trawling sites for information that is either hard to understand, not completely applicable or potentially incorrect.
Contract detailsSimply put, as one of Triple B's offerings, we build machines specifically configured for mining and sell them to the public in Australia - additional capital is required to ensure build components can be sourced in advance and sufficient inventory is held to fill a very conservative estimate of orders in a timely fashion. To achieve this...
This bond is intended to raise capital funding to continue the build and configuration of turnkey mining machines for sale within Australia to both miners looking for additional hash and beginners that want to be up and mining in days rather than months. Triple B has already sold and delivered their first machine to one very happy customer and have another 2 builds in progress that are awaiting orders. The bond will enable Triple B to commence another 2 builds and provide the required inventory to allow a focused marketing campaign to begin without significant concerns about component availability and supply capacity and the resulting delayed delivery that impacts many niche hardware suppliers and their customers.
Triple B Buyer Bond Vital Statistics:
IPO : 50,000 bonds
Bond Price: $0.10 AUD
Bond Value: $5,000.00 AUD
Dividend Value Per Build Completion per Bond:
- 3 GPU Standard Build: $300USD (as LTC at market rates)
- 2 GPU Standard Build: $200USD (as LTC at market rates)
Build inventory and completed builds are used to underwrite the bond until sold and paid for in full to ensure that the bond value is underwritten appropriately at all times were liquidation necessitated by unforeseen circumstance. A list of currently held assets is included in the Financial Management section below. This list will change as inventory is utilised and builds are delivered but the value of assets held by Triple B will be maintained at the bond value at a minimum.
Bond Dividend Payment: Orders for machines are taken locally in person or via the website , and can take between 7 and 30 business days for build, configuration, burn-in and delivery dependent on the customer's requested payment terms and any other Triple B services consumed by the customer (e.g. hosting of the delivered machine at Triple B indefinitely). The machines built and delivered to customers are not directly attached to investment made through the bond, but the value of inventory held by Triple B underwrites the bond. A machine cannot be ordered or owned by buying Triple B Buyer bonds, although bondholders in Australia are encouraged to place an order as detailed above, if desired. Fiat currency ($) for dividends will be traded into LTC via a BTC transaction at market rates upon receipt of final payment for a machine and then distributed to bondholders in LTC as soon as reasonably possible.
Examples: 1. An order for a 3 GPU Standard Build is received by Triple B. The order is filled in 7-10 business days after the initial deposit of $500 AUD is received from the customer. Once the balance of the machine cost of $3000 AUD has been paid to Triple B in full, the machine is delivered and the equivalent of $300 USD in LTC is allocated to the bond collectively and apportioned as dividends to bondholders based on the number of bonds held.
2. An order for a 2 GPU Standard Build is received by Triple B in addition with a request for the Triple B hosting service for the machine. A $500.00 deposit is made by the customer to commence the build. The machine is hosted at Triple B Mining under a separate arrangement, the revenue from which is not allocated to the Triple B Buyer bond. Once the outstanding balance for the machine of $2500.00 AUD is paid in full within the 30 days to Triple B Buyer, the equivalent of $200.00 USD in LTC is divided among all bond holders.
At 10 builds bondholders would receive a minimum of 140%
of there initial investment if buyback and purchase prices were equal.
- assuming 10 x 2 GPU machines, $200.00 x 10 machines = $2000.00,
- assuming buyback at $0.10 x 50000 bonds = $5000.00
- $2000.00 dividend payments + $5000.00 buyback = $7000.00
- individual bond value at buyback $7000.00 / 5000 bonds x $0.10 = $0.14
- Buy price: $0.10 , Dividends + Sell price: $0.14 = 140% minimum return raid as dividends over the life of the bond valued at $5000.00
This is for educational and Entertainment purposes only. There are no refunds there are no promises. Triple B Buyer reserves the right to change the bond price at anytime and without notice if circumstances warrant it. Triple B Buyer reserves the right to buy back bonds at anytime at 10.5c AUD or 105% of the highest traded price of the last fortnight.
If either partner is unable to continue in the Triple B business due to unforeseen circumstances, then the remaining partner shall continue to operate the Triple B business on behalf of bondholders and other investors.
Triple B Mining will however do everything in it's power to deliver the above contract and continue to bring you creative mining projects.
Triple BnBuyer: LTC Mining Rigs builders
Happy Trading
Loufie Churchill
Triple B Mining and Triple B Buyer
Security Operator and General Manager
full details available at
https://www.litecoinglobal.com/security/TRIPLE-B-BUYER and click details tab
products at buyer.triplebmining.com
please reply any thoughts or concerns all critiques are considered and made note of...
Cheers
op.
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