[BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon

[mughat]

When can I start buying shares in the IPO?

date and time?

[synapseattack]

When can I start buying shares in the IPO?

date and time?

Just like every single other fund on BTCT you can't do shit until it's voted on. There is not and never has been a set timeline for when votes have to be in by. So there is no way to answer this, just like every single other fund.

Follow it here: https://btct.co/security/BTCGARDEN

[mughat]

When can I start buying shares in the IPO?

date and time?

Just like every single other fund on BTCT you can't do shit until it's voted on. There is not and never has been a set timeline for when votes have to be in by. So there is no way to answer this, just like every single other fund.

Follow it here: https://btct.co/security/BTCGARDEN

Thanks.

Do you know how many votes it requeres for a fund to be approved?
If we look at the history of other fund approvals are we then talking hours/days/weeks on average for an approval to go through?

[canth]

It takes 5 Yes votes. Could take hours or weeks although this listing is fairly straightforward so I'll estimate it'll take a week to get enough feedback and votes from ltc global moderators.

[synapseattack]

Go do research. Figure out how this works. Just based on your questions you've done none. These are the same questions placed in every single IPO thread it seems and people need to invest time before they start investing money. Don't listen to what anyone says here because in all honesty any number they give you is pulled from no more rational place than their own ass.

[canth]

Go do research. Figure out how this works. Just based on your questions you've done none. These are the same questions placed in every single IPO thread it seems and people need to invest time before they start investing money. Don't listen to what anyone says here because in all honesty any number they give you is pulled from no more rational place than their own ass.

+1 - my estimate is 90% ass sourced.

[HeRetiK]

Go do research. Figure out how this works. Just based on your questions you've done none. These are the same questions placed in every single IPO thread it seems and people need to invest time before they start investing money. Don't listen to what anyone says here because in all honesty any number they give you is pulled from no more rational place than their own ass.

+1 - my estimate is 90% ass sourced.

about 80% of the estimates on this board are ass sourced!

[jackcc]

wow. Do you think this is the second ASICMINER? Wreck you will lose. Their technology is not, Chinese people know

[synapseattack]

wow. Do you think this is the second ASICMINER? Wreck you will lose. Their technology is not, Chinese people know

Try that again. However, can I request that you use the words in some form of logical order so that the average reader can understand your depths of knowledge?

[Mabsark]

Has there been a public demonstration of the chip?

[superduh]

10% yearly share dilution is on the table!
otherwise things sound reasonable. anyone from china can do some background due diligence on these people?

[auto2nr1]

I am not sure if diluting the shares is a good idea. ASICMINER, ActiveMining and Labcoin will always keep the number of shares issued at a fixed rate. I think this will be a disadvantage for people looking to invest. Maybe we can get this part of the plan changed?

[afrotec]

I am not sure if diluting the shares is a good idea. ASICMINER, ActiveMining and Labcoin will always keep the number of shares issued at a fixed rate. I think this will be a disadvantage for people looking to invest. Maybe we can get this part of the plan changed?

Actually, I believe, Mr. Ken Slaughter has a few hundred thousand (200,000?) 122,539 unreleased shares that are  being saved for future use. KS made a booboo by releasing more shares after the initial IPO had ended which angered many investors.

Edit: 122,539, according to this https://bitcointalk.org/index.php?topic=254930.msg2779726#msg2779726

[auto2nr1]

I am not sure if diluting the shares is a good idea. ASICMINER, ActiveMining and Labcoin will always keep the number of shares issued at a fixed rate. I think this will be a disadvantage for people looking to invest. Maybe we can get this part of the plan changed?

Actually, I believe, Mr. Ken Slaughter has a few hundred thousand (200,000?) 122,539 unreleased shares that are  being saved for future use. KS made a booboo by releasing more shares after the initial IPO had ended which angered many investors.

Edit: 122,539, according to this https://bitcointalk.org/index.php?topic=254930.msg2779726#msg2779726

ActiveMining is capped out at 25m shares (10m goes to investors / 15m for management). There will never be more than 25m shares issued. ASICMINER has 400,000 shares issued and there will be no more dilution. Labcoin will have 10m shares issued and will not dilute. I think BTCGARDEN should go the same route. No dilution of shares.

[aiwill]

I am not sure if diluting the shares is a good idea. ASICMINER, ActiveMining and Labcoin will always keep the number of shares issued at a fixed rate. I think this will be a disadvantage for people looking to invest. Maybe we can get this part of the plan changed?

Actually, I believe, Mr. Ken Slaughter has a few hundred thousand (200,000?) 122,539 unreleased shares that are  being saved for future use. KS made a booboo by releasing more shares after the initial IPO had ended which angered many investors.

Edit: 122,539, according to this https://bitcointalk.org/index.php?topic=254930.msg2779726#msg2779726

ActiveMining is capped out at 25m shares (10m goes to investors / 15m for management). There will never be more than 25m shares issued. ASICMINER has 400,000 shares issued and there will be no more dilution. Labcoin will have 10m shares issued and will not dilute. I think BTCGARDEN should go the same route. No dilution of shares.

have u checked the restriction for adding？

[aiwill]

Has there been a public demonstration of the chip?

we dont want to show the contract out currently.  

[aiwill]

10% yearly share dilution is on the table!
otherwise things sound reasonable. anyone from china can do some background due diligence on these people?

please view bbs.btcman.com 
maybe u could get some useful info through translator

[dxxw]

I'm following the project with keen interest and in serious consideration,but I'm confused about a few key issues in your prospectus.

1.Which stock on earth is to be issued?BTCSEA Co.Ltd's stock or BTCGARDEN's stock?

According to the rules of stock market,if it's BTCSEA Co.Ltd's stock,then each share should be given 1/10000000 of the BTCSEA Co.Ltd's total
profits(including but not limited to BTCGARDEN's profits,e.g.BTCSEA trading platform as I know),right?In this case,I would prefer to change the name of the stock to BTCSEA.

If it's BTCGARDEN's stock,then each share should be given 1/4000000 of the BTCGARDEN Project's total profits.

Which of the above comprehension is correct?Please make an explanation for this.

2.A similar question,if you issue additional shares in the future,which will it be?(BTCSEA Co.Ltd's or BTCGARDEN's)

3.What is the pricing basis?

4.If sharp fluctuations in exchange rates occur,will you reprice the stock?

5.You declare that "Any dilution will not be allowed before Aug.1st,2014.".Is it a bottom line that can not be changed?

6.Have you set a firm date for this IPO?Before or after the test of your first batch of chips?

7.Is this the final version of your prospectus?If not,when will it be published?

8.May I go to your company for a field investigation?

Please take into consideration all these issues.Perhaps you can add a supplement concerning such issues to the prospectus.
Looking forward to your reply.Thank you.

[aiwill]

I'm following the project with keen interest and in serious consideration,but I'm confused about a few key issues in your prospectus.

1.Which stock on earth is to be issued?BTCSEA Co.Ltd's stock or BTCGARDEN's stock?

According to the rules of stock market,if it's BTCSEA Co.Ltd's stock,then each share should be given 1/10000000 of the BTCSEA Co.Ltd's total
profits(including but not limited to BTCGARDEN's profits,e.g.BTCSEA trading platform as I know),right?In this case,I would prefer to change the name of the stock to BTCSEA.

If it's BTCGARDEN's stock,then each share should be given 1/4000000 of the BTCGARDEN Project's total profits.

Which of the above comprehension is correct?Please make an explanation for this.

2.A similar question,if you issue additional shares in the future,which will it be?(BTCSEA Co.Ltd's or BTCGARDEN's)

3.What is the pricing basis?

4.If sharp fluctuations in exchange rates occur,will you reprice the stock?

5.You declare that "Any dilution will not be allowed before Aug.1st,2014.".Is it a bottom line that can not be changed?

6.Have you set a firm date for this IPO?Before or after the test of your first batch of chips?

7.Is this the final version of your prospectus?If not,when will it be published?

8.May I go to your company for a field investigation?

Please take into consideration all these issues.Perhaps you can add a supplement concerning such issues to the prospectus.
Looking forward to your reply.Thank you.

1,2  BTCGARDEN is to be issued.  thank you for ur advice and sry for the possible misunderstanding. BTCSEA CO.,Ltd is the name of our company for this project(BTCGARDEN)and BTCSEA.COM is our exchange platform for RMB(chinese currency), the platform has no relation with this project although we used the same name when we created the platform.

3,4 we need reserve.We need to hold an amount of funds in order to meet probable demands or possible risks.

5, Yeah.Cannot be changed as well as the other necessary conditions.

6 Before of it. IPO will start just after we pass the vote.

7 No more big changes but small ones before the open date for buying.

8 We are not but will be available later, furthermore, we are going to invite some voted supervisors to come to our places.

[yxxyun]

wow, got one vote now.