Pelestock - A virtual currency/convertible bond hybrid!
Pelestock (PLCS) is a new financial instrument, generated by the Pelecoin system. PLCS is a combination of a virtual currency and a convertible bond. The expiration period is 6 months. Prior to the expiration, the Pelestock guarantees his owner a monthly dividend of 10% in PLCN and immediate conversion to BTC. The symbol notation of Pelestock is PLCS-mmyy, where mm – month, yy - year of the series. The first series symbol is PLCS-1014 (October 2014). The first series expiration date is 01/05/2015.
https://www.pelecoin.com/Pelestock.aspx
