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lolstate
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July 15, 2013, 06:36:24 PM |
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Our Plans For Shares and the NRE:
When we reach our goal of funding for the NRE from any of the following sources (shares sales, machine sales, chip sales, private funding, mining, loans etc) with a bit of leeway for other expenses, I will make a post here in the thread and then take down the wall immediately.
This is a bit of a heads up as to potential short term price rise. When the wall comes down price won't hang around. I'm thinking we will see the most dramatic action with AMC-PT on btct.co. Not sure how BitFunder will react to dramatic moves on btct.co, though. It will be interesting to find out. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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kslaughter (OP)
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July 15, 2013, 06:54:28 PM
Last edit: July 15, 2013, 08:38:57 PM by kslaughter |
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(it belongs here, not in AM speculations)
It's 15! Day for the proper financial reports?
Waiting for P/L, CF and balance sheet
1) Statement of financial position: also referred to as a balance sheet, reports on a company's assets, liabilities, and ownership equity at a given point in time.
2) Statement of comprehensive income: reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the processing state.
3) Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.
kslaughter, what time (UTC)?
Thanks for reminding me.  Since AMC's description did not allow for any purchase of account software, we were just doing the very basic form of accounting. Also, since AMC is being merged into AMC (Belize) (Virtual shares ActiveMining) we will be issuing a full accounting statement on the winding down of AMC's business and its merger into ActiveMining on completion of the merger. |
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EskimoBob
Legendary
 Offline
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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July 15, 2013, 07:03:37 PM |
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(it belongs here, not in AM speculations)
It's 15! Day for the proper financial reports?
Waiting for P/L, CF and balance sheet
1) Statement of financial position: also referred to as a balance sheet, reports on a company's assets, liabilities, and ownership equity at a given point in time.
2) Statement of comprehensive income: reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the processing state.
3) Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.
kslaughter, what time (UTC)?
Thanks for reminding me. Since AMC's description did not allow for any purchase of account software, we we just doing the very basic form of account. Also, since AMC is being merged into AMC (Belize) (Virtual shares ActiveMining) we will be issuing a full accounting statement on the winding down of AMC's business and its merger into ActiveMining on completion of the merger. Use gnucash http://www.gnucash.org free and open source - costs 0 EUR. |
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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kslaughter (OP)
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July 15, 2013, 08:37:49 PM
Last edit: July 16, 2013, 02:58:06 PM by kslaughter |
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cchan
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July 16, 2013, 02:37:16 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder?  |
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VolanicEruptor
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July 16, 2013, 02:39:16 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. |
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FloatesMcgoates
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July 16, 2013, 02:42:22 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. I don't think this is 100% correct. When someone buys a share, they get the remainder of the .0025 that hasn't been paid when the stock was originally issued. As of now, there has been 1 dividend payment of 0.0000183, meaning an individual who buys a share now is entitled to 0.0024817 BTC before Ken pays himself. |
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cchan
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July 16, 2013, 04:24:24 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. What is total received, total shares or just 1 share? |
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ArcticWolf
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July 16, 2013, 04:27:12 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. What is total received, total shares or just 1 share? He means 0.0025 per share |
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cchan
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July 16, 2013, 04:45:22 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. What is total received, total shares or just 1 share? He means 0.0025 per share Well, this may take so many weeks if dividends keep stable. 0.0025/0.0000183=136 |
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VolanicEruptor
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July 16, 2013, 04:50:39 AM |
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cchan i'd suggest not investing in this until you learn a few of the basics first..
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cchan
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July 16, 2013, 06:56:45 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. Got it. |
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Vbs
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July 16, 2013, 09:34:22 AM |
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The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that. I don't think this is 100% correct. When someone buys a share, they get the remainder of the .0025 that hasn't been paid when the stock was originally issued. As of now, there has been 1 dividend payment of 0.0000183, meaning an individual who buys a share now is entitled to 0.0024817 BTC before Ken pays himself. Yes, that is correct, but it's only a tiny issue, as the value/share when that happens will be much much higher than the price today. Asicminer was already trading at BTC0.8 when they payed the remainder of their 0.1/share. The fact a company can do it values it much higher than the event in itself. |
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Stuartuk
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July 16, 2013, 10:49:29 AM |
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Well, this may take so many weeks if dividends keep stable. 0.0025/0.0000183=136 100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment. |
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Vbs
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July 16, 2013, 11:11:23 AM |
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Well, this may take so many weeks if dividends keep stable. 0.0025/0.0000183=136 100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment. This!  Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend. |
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ArcticWolf
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July 16, 2013, 11:19:45 AM |
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Well, this may take so many weeks if dividends keep stable. 0.0025/0.0000183=136 100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment. This! Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend. And all this is WITHOUT sales revenue, so it will be even quicker |
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Streets 2.0
Full Member
Offline
Activity: 490
Merit: 101
FRX: Ferocious Alpha
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July 16, 2013, 11:23:11 AM |
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Well, this may take so many weeks if dividends keep stable. 0.0025/0.0000183=136 100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment. This! Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend. And all this is WITHOUT sales revenue, so it will be even quicker When you paint the entire picture for yourself, you then can see where all of this is going. The news alone of Ken receiving the chips is going to bounce the share price, then the news of him receiving the boards and begininng the clones will bounce the price further... sales of miners, bringing online of more hashing power in the future... you get the idea. The market loves to go wild on just news and bringing online even small amounts of hashing power, ie. see basic-mining |
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E.Sam
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July 16, 2013, 11:35:16 AM |
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Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name: What is the difference between Exchange User Name and in my case Bitfunder User Name? One is my nick and the other my real name? |
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stslimited
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July 16, 2013, 11:43:11 AM |
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Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name: What is the difference between Exchange User Name and in my case Bitfunder User Name? One is my nick and the other my real name? thats for people that want to transfer their BTC-TC AMC-PT shares to Bitfunder, only |
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E.Sam
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July 16, 2013, 11:46:49 AM |
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Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name: What is the difference between Exchange User Name and in my case Bitfunder User Name? One is my nick and the other my real name? thats for people that want to transfer their BTC-TC AMC-PT shares to Bitfunder, only Ok, thanks for the info |
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