twentyseventy
Legendary
Offline
Activity: 1386
Merit: 1000
|
|
June 23, 2014, 07:19:23 PM |
|
Have these divs been paid yet?
And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?
|
|
|
|
ABitInterested (OP)
|
|
June 24, 2014, 01:02:59 AM |
|
Have these divs been paid yet?
And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?
I'm sitting here with a calculator now, they have not been paid yet. I had to leave early when I last worked on it and had to break down some things as some of the units are at break even now and will receive a lower amount based on that (as discussed in original post). To your second question the answer is yes. The actual % of revenue paid to available units was 40% based on 40% offered. In the original post it was stated that the full 40% would go to partners even if all 40% of ownership interest was not claimed. That means that at this point 40% of profit goes to current partners regardless of whether or not they have reached break even. Because we are paying 100% until break even the other 60% is divided amongst partners that have yet to break even. Thanks
|
|
|
|
twentyseventy
Legendary
Offline
Activity: 1386
Merit: 1000
|
|
June 24, 2014, 11:38:31 AM |
|
Have these divs been paid yet?
And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?
I'm sitting here with a calculator now, they have not been paid yet. I had to leave early when I last worked on it and had to break down some things as some of the units are at break even now and will receive a lower amount based on that (as discussed in original post). To your second question the answer is yes. The actual % of revenue paid to available units was 40% based on 40% offered. In the original post it was stated that the full 40% would go to partners even if all 40% of ownership interest was not claimed. That means that at this point 40% of profit goes to current partners regardless of whether or not they have reached break even. Because we are paying 100% until break even the other 60% is divided amongst partners that have yet to break even. Thanks Great, thanks for the answers. Can't argue with that!
|
|
|
|
ABitInterested (OP)
|
|
July 07, 2014, 10:48:08 PM |
|
Payment did show up today, will deal with everything tonight.
Thanks
|
|
|
|
naaktslak
|
|
July 11, 2014, 06:13:36 PM |
|
havent received dividend, something went wrong?
|
|
|
|
Sydboy
|
|
July 12, 2014, 01:47:48 AM |
|
can we see the website yet ? it has been a while. we all promise not to copy it !
|
|
|
|
ABitInterested (OP)
|
|
July 12, 2014, 02:19:00 AM Last edit: July 12, 2014, 03:47:24 AM by ABitInterested |
|
havent received dividend, something went wrong?
Bad Internet, won't be fixed until next Sunday. I set my cell phone provider up to tether today, will try to finish by morning. Had to wait on some payments from holdings as well so they could be combined with these payments. Oh, and the most important part is I was finishing up the return of 11,000 units so that payout %'s would be a bit higher. Thanks
|
|
|
|
ABitInterested (OP)
|
|
July 13, 2014, 01:32:11 AM Last edit: July 13, 2014, 03:01:21 PM by ABitInterested |
|
XXXProfit Reports
July 12th 2014
Units Issued: 18,000 @ .001 BTC Each
Profit This Period - June 16th - 30th $301.26
Which is $272.25 From Site Revenue and $29.01 on dividends from holdings (through July 12th).
Profit Share This Period After Server Bill ($100 * See Note Below *) $201.26
Earnings Per Share This Period $0.0112
ROI This Period (Two Weeks) 1.75% based on current exchange rate of $0.64 per unit.
These payments have been sent.
Please Read
The lull in revenue is still from the switch to 100% revshare (20% of total spent for life) instead of the $1.00 per join program. We currently average over $7 per join long term on revshare joins so this move was made with the future in mind. I will post some stats to show how these new revshare joins are doing soon but things are looking very promising. The current pay period (July 1 - 15th) has already surpassed the one referenced above.
I am still covering half of the server bill each month while I have some test sites on the server.
The number of units outstanding is now at 18,000 after the final 11,000 were returned. These are available to partners if someone wants them, otherwise I will keep them for myself.
Thanks again. Please keep an eye out for updates. I'm screwed on internet right now but still working as possible.
|
|
|
|
floatyfish
|
|
July 13, 2014, 02:06:22 AM |
|
XXXProfit Reports
July 12th 2014
Units Issued: 18,000 @ .001 BTC Each
Profit This Period - June 16th - 30th $301.26
Which is $272.25 From Site Revenue and $29.01 on dividends from holdings (through July 12th).
Profit Share This Period After Server Bill ($100 * See Note Below *) $201.26
Earnings Per Share This Period $0.0112
ROI This Period (Two Weeks) 1.75% based on current exchange rate of $0.64 per unit.
These payments are being processed.
Please Read
The lull in revenue is still from the switch to 100% revshare (20% of total spent for life) instead of the $1.00 per join program. We currently average over $7 per join long term on revshare joins so this move was made with the future in mind. I will post some stats to show how these new revshare joins are doing soon but things are looking very promising. The current pay period (July 1 - 15th) has already surpassed the one referenced above.
I am still covering half of the server bill each month while I have some test sites on the server.
The number of units outstanding is now at 18,000 after the final 11,000 were returned. These are available to partners if someone wants them, otherwise I will keep them for myself.
Thanks again. Please keep an eye out for updates. I'm screwed on internet right now but still working as possible.
What's the price per outstanding unit?
|
If you feel like donating: 1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC
|
|
|
jonsi
Legendary
Offline
Activity: 1397
Merit: 1019
|
|
July 14, 2014, 06:19:37 PM |
|
XXXProfit Reports
July 12th 2014
Units Issued: 18,000 @ .001 BTC Each
Profit This Period - June 16th - 30th $301.26
Which is $272.25 From Site Revenue and $29.01 on dividends from holdings (through July 12th).
Profit Share This Period After Server Bill ($100 * See Note Below *) $201.26
Earnings Per Share This Period $0.0112
ROI This Period (Two Weeks) 1.75% based on current exchange rate of $0.64 per unit.
These payments are being processed.
Please Read
The lull in revenue is still from the switch to 100% revshare (20% of total spent for life) instead of the $1.00 per join program. We currently average over $7 per join long term on revshare joins so this move was made with the future in mind. I will post some stats to show how these new revshare joins are doing soon but things are looking very promising. The current pay period (July 1 - 15th) has already surpassed the one referenced above.
I am still covering half of the server bill each month while I have some test sites on the server.
The number of units outstanding is now at 18,000 after the final 11,000 were returned. These are available to partners if someone wants them, otherwise I will keep them for myself.
Thanks again. Please keep an eye out for updates. I'm screwed on internet right now but still working as possible.
What's the price per outstanding unit? And yhe payments starts from witch procentage until 100% of investment is recovered?
|
|
|
|
Nightmoonk
Newbie
Offline
Activity: 42
Merit: 0
|
|
July 23, 2014, 07:14:38 AM |
|
I've been without internet for a long while, would like an update on what's happening if possible. I see payments have continued to go out (always good) and someone new has taken over. Is he going to post here? Any eta on site changes (that would supposedly bring in more revenue etc.)?
|
|
|
|
Justin00
Legendary
Offline
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
July 23, 2014, 07:59:57 AM |
|
Where did you see someone new was taking over ? I think I have read this page a few times ? Did I miss it ?
Or was that from some secret share holder letter ?
|
|
|
|
ABitInterested (OP)
|
|
July 23, 2014, 05:05:48 PM |
|
I've been without internet for a long while, would like an update on what's happening if possible. I see payments have continued to go out (always good) and someone new has taken over. Is he going to post here? Any eta on site changes (that would supposedly bring in more revenue etc.)?
I have been without Internet as well, fuck Comcast. They just got it sorted here and I am live. I'll explain this after I catrch up on the backlog of ApplianceStore payments. Thanks
|
|
|
|
ABitInterested (OP)
|
|
July 29, 2014, 12:31:57 AM Last edit: August 16, 2014, 11:21:24 PM by ABitInterested |
|
XXXProfit Reports
July 27th 2014
Units Issued: 18,550 @ .001 BTC Each
Revenue This Period - July 1st - 15th $391.55
Profit Share This Period After Server Bill ($100 * See Note Below *) $291.55
Earnings Per Unit This Period $0.0162
ROI This Period (Two Weeks) 2.74% based on current exchange rate of $0.59 per unit.
These payments have been sent.
Please Read
Due to a downswing in BTC since making a transfer I will have to transfer a bit more so some payments will be in several days once Coinbase clears.
Edited to change June to July.
|
|
|
|
naaktslak
|
|
August 05, 2014, 03:32:16 PM |
|
havent received my dividends.
|
|
|
|
ABitInterested (OP)
|
|
August 16, 2014, 05:43:17 PM Last edit: August 25, 2014, 02:37:48 PM by ABitInterested |
|
XXXProfit Reports
August 5th 2014
Units Issued: 18,550 @ .001 BTC Each
Revenue This Period - July 16th - 31st $394.08
Profit Share This Period After Server Bill $294.08
Earnings Per Unit This Period $0.0152
ROI This Period (Two Weeks) 2.62% based on current exchange rate of $0.58 per unit.
These payments have been sent.
|
|
|
|
NotLambchop
|
|
August 16, 2014, 06:29:46 PM |
|
^Take your time--I'm enjoying this.
|
|
|
|
naaktslak
|
|
August 18, 2014, 05:01:32 PM |
|
thnx 4 dividends! appreciate your honesty.
|
|
|
|
twentyseventy
Legendary
Offline
Activity: 1386
Merit: 1000
|
|
August 20, 2014, 07:54:16 PM |
|
If someone wants out I'm willing to buy at 0.0005 per share.
Same I'm willing to buy at 0.00005 per share Il buy at 0.00006 per share Selling 1300 shares at .0009
|
|
|
|
Professor James Moriarty
aka TheTortoise
Sr. Member
Offline
Activity: 434
Merit: 250
|
|
August 21, 2014, 06:39:56 PM |
|
I understand there are shares , I understand there are dividends and I know people are buying and selling and so on but for the love of me I have no idea what the business is by looking at xxxprofit I can see it might be erotic in nature but still no idea
|
|
|
|
|