stereotype
Legendary
 Offline
Activity: 1554
Merit: 1000
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October 01, 2013, 02:02:38 PM |
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Any chance of a nice P&L again?  I'd like to see some sort of breakdown, so as to understand the flows of funds and what that means for the business, going forward. Bit more transparency with these issues, is in order, me thinks. |
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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October 02, 2013, 03:15:52 AM |
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expecting a strong dividend today - can we see the final September numbers it should have been a record breaking month and this should be a record breaking dividend also - somewhere close to 400 satoshi I think
The dividend is surprising low, 246 satoshis only. Although the sales are significantly more than last month, the dividend is lower. It's better if the a brief balance sheet could be shown to the public. |
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Ascension
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October 02, 2013, 05:21:35 AM |
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expecting a strong dividend today - can we see the final September numbers it should have been a record breaking month and this should be a record breaking dividend also - somewhere close to 400 satoshi I think
The dividend is surprising low, 246 satoshis only. Although the sales are significantly more than last month, the dividend is lower. It's better if the a brief balance sheet could be shown to the public. The reason for this lower dividend is our new bitcoin price (The move from Mt.Gox closer to bitstamp the last dividend was mostly sales with the old price) along with increased cost of business. We are having to work with a lawyer now to ensure the continuation of business and compliance, along with new verifications methods that cost more. We are also working on becoming PCI compliant for a number of reasons. All of this costs money and is essential to growing the company and scaling with the increasing demand. |
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MilkyLep
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October 02, 2013, 05:36:17 AM |
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Those sound like extremely valid and forthright responses/reactions to expanding both the business and longevity of btcQuick. Is it yet possible to divulge more information regarding what is going on behind the scenes? Do you plan to continue using a portion of profits on certain aspects of the business as well as issuing a financial statement of sorts?
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Ascension
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October 02, 2013, 05:52:27 AM |
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Those sound like extremely valid and forthright responses/reactions to expanding both the business and longevity of btcQuick. Is it yet possible to divulge more information regarding what is going on behind the scenes? Do you plan to continue using a portion of profits on certain aspects of the business as well as issuing a financial statement of sorts?
Yes, I do plan on creating another short news summary. |
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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October 02, 2013, 07:01:36 AM |
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expecting a strong dividend today - can we see the final September numbers it should have been a record breaking month and this should be a record breaking dividend also - somewhere close to 400 satoshi I think
The dividend is surprising low, 246 satoshis only. Although the sales are significantly more than last month, the dividend is lower. It's better if the a brief balance sheet could be shown to the public. The reason for this lower dividend is our new bitcoin price (The move from Mt.Gox closer to bitstamp the last dividend was mostly sales with the old price) along with increased cost of business. We are having to work with a lawyer now to ensure the continuation of business and compliance, along with new verifications methods that cost more. We are also working on becoming PCI compliant for a number of reasons. All of this costs money and is essential to growing the company and scaling with the increasing demand. We have no idea what the increased price of business is, or how that relates to day to day business, because you refuse to publish any details. Just feel you could do more in regards to transparency. |
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E.Sam
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October 08, 2013, 05:45:58 PM |
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What share issue is this? |
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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October 08, 2013, 06:21:43 PM |
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Those sound like extremely valid and forthright responses/reactions to expanding both the business and longevity of btcQuick. Is it yet possible to divulge more information regarding what is going on behind the scenes? Do you plan to continue using a portion of profits on certain aspects of the business as well as issuing a financial statement of sorts?
Yes, I do plan on creating another short news summary. Ascension, Thanks for the updates - I think you're going in the right direction management-wise. For investor relations purposes, it would be nice to get another *rough* P/L or monthly summary, or at least an income # so we know how much is going out for expenses. As mentioned, transparency is key for any asset (pretty easy in the world of bitcoin). |
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Ascension
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October 08, 2013, 06:36:38 PM |
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Those sound like extremely valid and forthright responses/reactions to expanding both the business and longevity of btcQuick. Is it yet possible to divulge more information regarding what is going on behind the scenes? Do you plan to continue using a portion of profits on certain aspects of the business as well as issuing a financial statement of sorts?
Yes, I do plan on creating another short news summary. Ascension, Thanks for the updates - I think you're going in the right direction management-wise. For investor relations purposes, it would be nice to get another *rough* P/L or monthly summary, or at least an income # so we know how much is going out for expenses. As mentioned, transparency is key for any asset (pretty easy in the world of bitcoin). This is in the works, I spent a great deal of time getting everything imported and categorized ( www.waveapps.com if anyone needs some KA software) |
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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October 08, 2013, 06:40:49 PM |
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No its not. ...'profile'-'description' looks as though you gave up in July to anyone reading it, and feels like you just cant be arsed anymore. Just saying. |
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bitwhizz
Legendary
Offline
Activity: 910
Merit: 1000
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October 08, 2013, 10:38:42 PM |
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Acsennsion as shareholder, speaking on behalf of myself and others, i would really like an update as to what is BTCQuick move to overcome this crisis with bitfunder
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bobboooiie
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October 08, 2013, 11:01:40 PM |
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How about you call him and let him know what is up and not spam forum with useless things like these ? He probably isnt online or in office at all right now
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shadallion
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October 08, 2013, 11:02:33 PM |
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btcQuick share price getting annihilated right now.
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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October 08, 2013, 11:04:04 PM |
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Dude, don't spam.
Wow, who panic sold 250k+ shares?
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bitwhizz
Legendary
Offline
Activity: 910
Merit: 1000
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October 08, 2013, 11:15:12 PM |
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your right, it was my bad for spamming, would like an update though  |
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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October 08, 2013, 11:32:33 PM |
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Due to these unfortunate developments, I'm offering shares for sale via transfer or Bitfunder in groups of 25k or more. I don't like leaving open orders on there long-term.
PM me offers or for offers from me. Great chance to get a steal.
Honestly, long term, BTCQuick has some great options as they are handling things very legitimately - I bet Ascension's next stop is NYSE or at least the Pink Sheets!
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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October 08, 2013, 11:36:23 PM |
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Another suggestion - Transfer asset to 796 or Havelock, or even Picostocks/Cryptostocks.
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