2000 shares total & 1000 shares issued through IPO.
The remaining 1000 shares i have not issued, is not only issued, but it also its not included in profit sharing.
Actually i asked 1000 bitcoins loan first, but instead i issued shares, so that easy for any one to buy with less money(bitcoins)
The 1000 shares i have gives me CONTROL & also i own 40+ shares , which i got by buying 1 , 2 at a time. Its not transferred, its not bought from the bitcoins i received from the SH.
I have my own mining rig with a 6870 card & i am buying my shares by using the bitcoins i mine.
Since the 1000 share i hold didn't put any bitcoins, its not eligible to receive any coins or profit.
In future, i may add 1000 bitcoins & increase the mining power by buying hardware & make the 1000 shares also eligible to receive profit.
Until, i do so, its for CONTROL only.
So, only out of total 2000, the issued 1000 only has any value now.
In the issued 1000, so far ~720 shares sold.
Since, i don't take anything for buying, running, maintaining, answering.....i take 10% as profit, while SH gets 40% profit.
The financial sheet maintaining is tough in my case, as i convert the BTC to USD then USD to INR.
In the way of converting i also mixed my own bitcoins & converted, this reduces the conversion time & also charges.
Also, i am not converting at stable price. Each time i converted the price difference is HUGE & also that makes maintaining a problem to me.
Besides these, i am giving profit in BTC only, so i thought my SH don't worry about conversions.
So far all my SH didn't ask me, coz they have confident in me.
Since, you are new to bitcoins, you are asking questions & i understand.
Before buying any shares, you have to know about the company.
I can't answer in USD or INR, coz the shares in bitcoin & i give profit in bitcoin only.
b) If dishwara ownes these himself then we are valuing his contribution @ 1000BTC ($15k). If this is true why is he getting a salary also?
Besides, its mentioned as 1 BTC = 15 USD , by wachtwoord.
When i released shares, 1 BTC = 0.7 USD.
If we calculate at that price then for 1000 BTC = 700 USD.
With 700 USD, i can buy at most 2 nos. of 5870 cards & stare at it, won't be mining with 3 nos. of 5870 cards with a complete pc which can able to mine with 8 cards.
Soon, after complete my first rig, i give details, i can able to give.