we are chineses, English is not our native language, maybe translate omissions inevitably.
We very much welcome if you point out grammatical errors in our files.
Investing in mining pool better than mining.
Thank you!
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Our website
http://www.weiyunpool.comEnglish Investor Relations page:
http://www.weiyunpool.com/english.phpCryptostocks IPO Link:
https://cryptostocks.com/securities/115Contact us:
info@weiyunpool.com QQ: 6434830
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Weiyun Pool IPO Information
About us
Weiyun Pool (
http://www.weiyunpool.com) will offer 50,000 non-dilutable profit shares (ticker symbol WPOOL). Issuer is the "SHANGHAI WEIYUN ONLINE INFORMATION TECHNOLOGY LIMITED" company (abbreviation Weiyun Online) which is registered in the Shanghai,China. And Weiyun Pool is the wholly-owned subsidiary of Weiyun Online.
Weiyun pool automatically mines the most profitable Scrypt coin, automatically exchanges those coins for litecoins, and pays out entirely in litecoins or RMB (Chinese Currency, CNY).
Weiyun pool focus on improving the efficiency of scrypt algorithm mining. We will make AMD graphics reg or Gridseed mining machine are able to get more profit than LTC mining. Many times there are other scrypt coins,(recently，dogecoin,mintcoin,zeitcoin and so on), which are more profitable to mine than LTC, we automatically switch scrypt mining to most profitable altcoin,then we exchange the coins to LTC at altcoin exchange market. Finally, Our members get paid comfortably in LTC or RMB every day.
For example: In the March 5，Mining Litecoin will get 0.2766LTC/M one day. But our pool mining alternate cryptocurrencies and get 0.33LTC/M one day. We pay our members 0.31LTC/M. so our profit is 0.02LTC/M (0.33-0.31=0.02).The hashrates of ours pool is 1686M in March 5. So our total gross profit is 0.02LTC/M * 1686 = 33.72 LTC(about 0.87BTC) in March 5.
Weiyun Pool launth in January 2014. As of March 17, 2014, the number of registered member has attained 3254, and average total hashrate is 2441 M/s; during the last week, operating income is 84.12 BTC, operating expenditure is 76.89 BTC, thus gross profit is 7.23 BTC, and gross profit margin is 9.4%.For more information, you can read our Financial Statement
Our original financial documents are written in Chinese,by accounting of our company.Any Certified Public Accountants Co,.Ltd in China is unable to audit our company value by bitcoin because of the China policy.So our Financial Statement was translated and notarized by a well-known Hongkong translation company.their name is HONGKONG FINDHOW INTERNATIONAL GROUP LIMITED. Investor can find more information in their website
http://www.findhow.hk/English/Our business is in rapid growth period,Our goal is the number of registered members reach 8000 and total hashrate reach 10G in the next three month,then double based on this condition by the end of this year. So we are seeking capital to help us to add more servers and upgrade our website system and recruit more staffs to service to our members. It is estimated that this process will require around 250 BTC in capital.
About shares
Share Type：BTC
Share Ticker：WPOOL
Share issuer：SHANGHAI WEIYUN ONLINE INFORMATION TECHNOLOGY LIMITED
Issuance：50,000
IPO Price：
0.004 BTC/Share (1-10,000)
0.0045 BTC/Share (10,001-20,000)
0.005 BTC/Share (20,001-30,000)
0.0055 BTC/Share (30,001-40,000)
0.006 BTC/Share (40,001-50,000)
Weiyun Pool will offer 50,000 non-dilutable profit shares for a price of 0.004 BTC~0.006 BTC per share at IPO. Each share represents 0.001% of the gross profit collected, and 50,000 shares represent 50%.Weiyun Online hold the remaining 50% of shares.
Large subscription discount
Such as one-off subscribe to the following quantity, we will give some additional shares, please send email to us.
500 or more to enjoy extra award 25.
1000 or more to enjoy extra award 75.
3000 or more to enjoy extra award 300.
We reserve the right end this promotion at any time.
Dividends
Each share represents 0.001% of the gross profit collected.Dividends will be paid once weekly, on Monday at 15:00 (GMT+8), and will be based on gross profits collected in the previous week ending on Sunday at 24:00 (GMT+8). If the day is China legal holiday will postpone to the next working day. The first dividend will be paid on March 24, 2014.
For example:
If an investor subscribes 1,000 shares, the gross profit in the previous week is 10 BTC and the dividend is distributed accordingly, then according to the calculation(1,000 * 0.001%*10=0.1), the dividend of the investor is 0.1 BTC at this week.
Return on Investment
As of 3/17/2014,our gross profit in the previous week is 7.23 BTC.Using current profitability, with zero growth, each share would be get 0.0000723 BTC every week and get 0.0037596 every year (52 weeks per year).
Annual return is 0.0037596/0.004=93% (lowest price to buy).
In fact, gross profit get 1400% growth from 0.51 BTC to 7.23 BTC in the past 11 weeeks.
In the future,if we keep the 15~20% growth weekly,you will get full investment back fin three months. If you invest in mining or mining funds,weekly income probably less than the previous week becasuse of network total hashrate increasing. If you invest in mining pool, you get more with the growth of pool.**
Subscription
We recommend that you subscribe our share directly by cryptostocks.com.If you cannot access cryptostocks.com or other reasons, you can also send email to us, inform us the quantity that you want to subscribe, in the meantime you need transfer the relevant expenses to us by BTC Wallet, we will hold it for you in the website, and through the way of offline transfer of share out bonus for you. Due to the offline subscription and dividend process is complicated, need manual to deal one by one, so we only accept at least 500 shares for offline subscription, and is 100 integer times subscribed.
Using IPO capital
All IPO bitcoin will be deposited in a special bitcoin address. Everybody can supervise this address.This special bitcoin address is 1MqxrQd6LUnkn1rJynUkjFQkZmiHsZdeEJ
Every Monday,we will transfer funds from cryptostocks.com to this address. These bitcoin can only be paid the following.
(1) Costs of IPO issuance and its associated costs.
(2) Buy and rent servers
(3) Development costs
(4) Advertise on other sites
(5) Complement the company liquidity
(6) Recruit new staffs
We won’t use these funds for other purposes. If necessary,we will open a vote on cryptostocks.com.
Risk Tip
There are some risks to shareholders, they are following:
(1)Exchanges closed suddenly or the coins held by exchanges were stolen.
(2)Exchanges or banks delay our transfer requests.
(3)Due to competition, we could not reach our goal and losing market opportunities.
(4) Corporate earnings reduce or get financial loss,and in extreme cases, it go bankruptcy.
(5)Other underlying risks, which we are not mentioned and we can’t control.
Each shareholder must understand these risks before investing.
**The forecast above is only for the convenience of investors so that they can know the calculation of the dividend, and shall not be regard as the earnings of such investment, whether explicitly or implicitly, and does not constitute investment advice in respect of such shares.
For any information please contact use at
info@weiyunpool.comIPO Financial Statement,translated and notarized
http://www.mediafire.com/view/ipgx9jdkgjln8ub/fin-eng.pdfIPO Financial Statement,chinese original files
http://www.mediafire.com/view/7d1unh4ci9h32l5/fin-ch.pdf
