[GLBSE] Shades Minoco now listed on GLBSE. Share into Contracts! (450sh@0.05)

[shakaru]

I would like to take this moment here to formally announce that the beloved Shade Minoco, purveyor of fine Mining Contracts and Chinese Call Girls (availability dependent on location), Has Gone Public!

SDM - Shades Minoco IPO - 0.1btc per Share

https://glbse.com/asset/065e5efdbc3ec2206bf9d9f5a030dde04c0120ea90a172ca74c9cf0dcb3b4514

And the best part is that you can buy mining contracts with buy back of your shares. For every 1000 share you sell back to me, I will offer you a 1ghs contract for up to 1 year. This is great news considering that prices for Shades Minoco will go up on Sept 1st when we launch Leviathan, a massive 100ghs fire breathing warlock that we have been feeding raw beef and beans to for a month.
So buying shares now will save you thousands of dollars you could be generating instead of losing to rising contract prices.
Or you could even buy some shares now, let the price rise, and sell making more btc for you! Even buy some to collect until you can buy a contract with them. Trade them to your friends. Do what you want.
Previous IPO offerings on GLBSE have shown massive increases in asset value from 700-1000%, so the time to buy is now!

And remember, Shades Minoco is the household standard in mining contracts. No one offers more affordable, reliable and attentive mining products than us.  Click on the link below for more info on our available products.
https://bitcointalk.org/index.php?topic=36375.0

Shades Minoco - The name may be shady, but the mining is hot.

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[brendio]

So the shares have a right to company profits and can be redeemed for mining contracts? How much will you be paid to run the company? Can you provide financial projections? Also, have you considered listing an actual mining contract on GLBSE (rather than just shares redeemable for mining contracts)? That would appeal to those wanting to buy less 500 MH/s worth of hashing power, or commit for less than 6 months. If not, would you be prepared to offer a wholesale contract to someone willing to list such a contract?

[shakaru]

So the shares have a right to company profits and can be redeemed for mining contracts? How much will you be paid to run the company? Can you provide financial projections? Also, have you considered listing an actual mining contract on GLBSE (rather than just shares redeemable for mining contracts)? That would appeal to those wanting to buy less 500 MH/s worth of hashing power, or commit for less than 6 months. If not, would you be prepared to offer a wholesale contract to someone willing to list such a contract?

There will be a second listing on GLBSE shortly that will be for the entire company including profits. As of right now, we are using speculation for valuation and the contract redeeming for incentive. In a little time, we will be changing out price structure and for the people who buy shares now, will have a distinct advantage in purchasing contracts as the shares they buy today, can either be worth more in value, or they can use them and save on contracts.

As far as what I will be paid. There is 51% of the company held by deslock and I. That is our payment. As far as what we take in as income, that information is for investors only as it will divulge trade secrets that I do not want public. I will say that payment to us is based on physical items and not usd or btc.

[Bitcoin Swami]

How many shares will be distributed?

[shakaru]

How many shares will be distributed?

Out of this, there are currently 4649 shares available as of right now.

[dovewing2000]

Can someone explain how GLBSE works... (sorry i'm still a newbie in terms of GLBSE... mining i've done for a few months)

[shakaru]

Can someone explain how GLBSE works... (sorry i'm still a newbie in terms of GLBSE... mining i've done for a few months)

GLBSE is short for Global Bitcoin Stock Exchange. The way it works is that people will put up shares of their venture in exchange for capital just like any stock market. The value of the share is determined by the ask/bid price like BTC its self. As the value of the company increases with equity and profits, the  value of the stock also climbs along with it. If you buy 100 shares of SBM for .1 each, and then someone wants to pay .3btc for them and you sell, you spent 10btc but sold for 30btc.
All one has to do is goto http://www.glbse.com and setup an account. Then deposit your btc into the account and start trading. Companies like IBB, SIN and CentMine400 are prime examples of how public trading can help a company grow.

[Bitcoin Swami]

Cool man.  Ok I'm just trying to understand whats going on before I buy. 

If I buy some shares, I wont actually be getting profits from the company, but I can sell them back to you for a mining contract?  If I invest in your other company that is listed further down the road, I will actually be getting a portion of your profits?

Just trying to clear things up.

I really want to invest.

[shakaru]

Cool man.  Ok I'm just trying to understand whats going on before I buy. 

If I buy some shares, I wont actually be getting profits from the company, but I can sell them back to you for a mining contract?  If I invest in your other company that is listed further down the road, I will actually be getting a portion of your profits?

Just trying to clear things up.

I really want to invest.

For this one, you can trade them as a commodity or use them for a buy back for a contract. There is however a Dec 25th profit payout for this fund as a Christmas Bonus.
The second listing will have dividend payout but that will be once we no longer have to immediately use our new hardware for a contract. So im thinking 3-6 weeks.
This listings is great for if you want to buy a contract after the prices raise, or you want to see the value go up and sell. Also, buying these shares will help us reach our second listing much faster.

[shakaru]

Bump, If we can sell 1200 more shares, we can bring on a huge block of hardware which will allow for the ShadesA Fund to be made which will be a small offering location based mining rigs. The way it will work is that the value of the shares will be based on the hardware at the Los Angeles location. At the moment we are at 10gh with expansion to 16 ghs by the 2nd of September. Shares will be issued and as the LA location takes on contracts, a small percentage will be deducted for cost, and the rest is payed to investors after a period of 30 day from the time a contract goes live on the rigs.
We also may consider based on the success of ShadesA, we may open other funds based off New York and Seattle.
So buy our stock, or at least 1200 of it. Doing so helps make us grow to better serve you.

[shakaru]

You list 1GHz for a year as $1000, or about 88 bitcoin at current exchange. Using the shares it costs 100 bitcoin for the same contract. Are you going to update the pricing? Why would anyone buy shares when they could just exchange for dollars and get the same thing cheaper?

Because you will not be able to get a 1ghs contract for a year as of Oct 1st for $1000/yr. Prices will be adjusted. Also, due to our waiting list, you will not be able to get a contract before then. So, if you would like one of the contracts at this price, you would need to buy the shares in order to lock it in. As of oct 1st, I will be buying all remaining shares off the market.
After that, all shares held by shareholders will be vaild, can be sold or traded, and the value should adjust according to the market.

A few days into oct, we will go IPO with our profit share stocks. These will have quarterly profit dividends (maybe monthly, doubt it)

[shakaru]

Ill be putting up 500 shares at half price starting now. Grab em while you can!

[shakaru]

Shares are flying off the shelf. When they sell out, small gift payout to all early adopters.

[bou707]

buying them soon!
there are not that many shares left

[ADgordo]

So:

This listing:

Speculation

Next listing:

Dividend payouts


Question, why would I invest now in a stock that may or may not increase in value when I can invest later in something that will pay me something.

[shakaru]

So:

This listing:

Speculation

Next listing:

Dividend payouts


Question, why would I invest now in a stock that may or may not increase in value when I can invest later in something that will pay me something.

Because when we up out pricing as of Oct 1st, these will be valued by our contract pricing. If you bought now for .1 and we up our pricing to where a 1yr 1ghs contract is 2k, then the share would be worth at least .2 each. And so on.
That would be why. Plus at this rate, all share will be sold within 2 weeks (just sold 200 between reading your post and typing this)

[shakaru]

So final planning and such has finished. This is how the new SDC listing will work.

We will be starting with 4ghs to lease out under our new pay structure. This is what you are buying. When the system gets leased, 75% of the amount revived for the lease will be paid as a dividend payment. The remaining 25% pays for utilities, new fans, and other operational cost of running an op.
If this is successful, we will open sub tickers like SDC.1800A. The second part of the ticker will note the speed of the contract and which number contract we are referring to. In the example above that would be a 1year 1800mhs contract A, while there could be a 1year 1800mhs contract B that is a different pricing. Now we will be having motions filed and voted on for as to what the cost of the contract will be, however, the contract will clearly have a bottom line where no lower price could be accepted despite voting.

This way, you can invest directly in Shades Minoco. Any feedback would be great

[shakaru]

Wow, that sounds complicated. So if you buy SDM, you turn it in for a mining contract. If you buy SDC, you are buying the company which leases out the mining to the SDM purchasers?

Correct. Well not just to the SDM purchasers, but to any Shades Minoco mining contract. Lets say you want to buy 4gh to lease out for the year, you would buy x many shares of SDC. Then we at shades minoco would build a rig, lease it out, and take 75% of the lease contract price and pay it to the respective subticker as an asset payout.

[ADgordo]

I want to buy, but I'm still reeling from the inconsistency of Skepsidyne, which I sent roughly 10 BTC to which I will probably never see again. 

Also you said

Because when we up out pricing as of Oct 1st, these will be valued by our contract pricing. If you bought now for .1 and we up our pricing to where a 1yr 1ghs contract is 2k, then the share would be worth at least .2 each. And so on.
That would be why. Plus at this rate, all share will be sold within 2 weeks (just sold 200 between reading your post and typing this)

By 2K, you mean USD right?  2k shares would cut our investment in half. 
".2 each"  Assuming their is a buyer...

Sorry if I sound doubtful, it just don't relish the idea of losing another 10BTC

[shakaru]

I want to buy, but I'm still reeling from the inconsistency of Skepsidyne, which I sent roughly 10 BTC to which I will probably never see again. 

Also you said

Because when we up out pricing as of Oct 1st, these will be valued by our contract pricing. If you bought now for .1 and we up our pricing to where a 1yr 1ghs contract is 2k, then the share would be worth at least .2 each. And so on.
That would be why. Plus at this rate, all share will be sold within 2 weeks (just sold 200 between reading your post and typing this)

By 2K, you mean USD right?  2k shares would cut our investment in half. 
".2 each"  Assuming their is a buyer...

Sorry if I sound doubtful, it just don't relish the idea of losing another 10BTC

Yes I am referring to USD. Also, if you are worried about losing $85 on an investment, you should hold onto your coins and start slowly. I personally choose to invest on what I feel is a good investment. I recently purchased a number of shares of SMM based on that. Investment takes risk, there is never an sure thing.