ABitInterested (OP)
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May 19, 2014, 01:13:14 PM Last edit: June 16, 2014, 07:36:51 PM by ABitInterested |
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What is this?Read the announcement thread or the 20 page business overview. Updated regularly with reports on revenue, expenses, and business operations. Includes reports on daily management fee and monthly profit share payments. PM here or email southernappliance@crowdendeavors.com with questions or comments. - 43650 Units Remaining.00244 Per Unit .002 Per Unit @ 1 BTC Or More+10% Bonus On Monthly Profit Share - Full DetailsPer unit price increasing in three phases to .004 per unit. Full launch planned in 9-18 months with a per unit price of .01 (or USD equivalent) with no dilution. UpdateAn image overview has been added at the top of page two in this thread. See it here.
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ABitInterested (OP)
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May 19, 2014, 01:16:32 PM Last edit: May 23, 2014, 09:23:03 PM by ABitInterested |
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Revenue Report For May 18th, 2014
Total Revenue - $549.99
Daily Management Fee - $55.00
Units Issued Prior To 5/18/14 Cutoff (Noon CST) - 250
Management Fee Per Unit - $0.22 USD (.000491114 BTC)
Daily Yield - 12.28% (Based on .004 Per Unit)
Daily management fee payments have been sent.
Units Issued And Active For Following Day - 400
Units Remaining - 9600 @ Group 1 Discount
Cutoff time to receive share of daily management fee is noon CST of the same day payment is made.
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ABitInterested (OP)
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May 19, 2014, 02:52:41 PM Last edit: May 21, 2014, 01:10:45 AM by ABitInterested |
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Running Updates For Monday, 5-19-2014 General Updates & Information
The following appliances are currently for sale. Full Album: http://imgur.com/a/NQda6#0We will also be posting updates on daily operations, sales, and more. Things may be a little slow during this transition but we'll be back on track soon. We are going to start raising prices on some items to full retail. This will allow us to bring in more money on the items that sell and / or fill the showroom up. Prices can always be reduced if sales slow too much. Current Showroom Value - $2,500. Current eBay StatusParts Listed: 1,005 Parts / $45,069.41 Can List: 1411 Parts / $77,117.75 Update, got a call to pick up one of our locations. It's the furthest away, will cost $550 to pick up and depending on appliance count we will get a bill for between $600 and $800 on the load. Purchased one washer from a scrap dealer for $20. Edit: 2:00 PM CST Went ahead and put all eBay items on sale for 20% off. A large number of the items listed at this time are slower to sell so attempting to move a few more of them and reduce inventory before reorganizing everything. This lowered the amount listed to $39,052.98 temporarily. Edit 3:22 PM CSTListed another $1084 in parts. Running Sales Report Sold - Whirlpool washer / dryer set - $275. Sold - Kenmore washer - $100. Sold - Miscellaneous item - $75. Sold - eBay item - $17 3:28 PM Sold - $36 ebay item Sold - $17.19 eBay item - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=271436935387Edit @ 4:10 PM CSTSold - $120 Appliance Edit: 4:20 PM CSTSold - $23.99 eBay item - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=281275563826Edit: 4:45 PM CSTSold - Stackable for $265 + stackable trade in. Sold $95.99 eBay item - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=271443734202Sold - Washer and dryer sold, $280 for both. Sold - Propane grill for $45. Sold $20 eBay item - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=271430305839Late NightSold - $79.59 eBay item.
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ABitInterested (OP)
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May 20, 2014, 06:21:13 PM Last edit: May 23, 2014, 09:22:41 PM by ABitInterested |
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Revenue Report For May 19th, 2014
Total Revenue - $1449.70
Daily Management Fee - $144.97
Units Issued Prior To 5/19/14 Cutoff (Noon CST) - 400
Management Fee Per Unit - $0.362425 USD (.0007493 BTC @ $483.70 Per BTC)
Daily Yield - 18.48% (Based on .004 Per Unit)
Daily management fee payments have been sent.
Units Issued And Active For Following Day - 2722
Units Remaining (at time of cutoff) - 7278 @ Group 1 Discount
Cutoff time to receive share of daily management fee is noon CST of the same day payment is made.
Management Fees For 5/19/14 Have Been PAID
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ABitInterested (OP)
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May 21, 2014, 01:53:54 PM Last edit: May 23, 2014, 09:22:10 PM by ABitInterested |
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Revenue Report For May 20th, 2014
Total Revenue - $957.56
Daily Management Fee - $95.76
Units Issued Prior To 5/20/14 Cutoff (Noon CST) - 2722
Management Fee Per Unit - $0.03518 USD (.00007117 BTC @ $494.30 Per BTC)
Daily Yield - 1.78% (Based on .004 Per Unit)
Units Issued And Active For Following Day - 3838
Units Remaining - 6162 @ Group 1 Discount
Cutoff time to receive share of daily management fee is noon CST of the same day payment is made.
Edit: 9:12 AM CST - These Management Fees Have Been PAID
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ABitInterested (OP)
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May 21, 2014, 03:02:55 PM Last edit: May 22, 2014, 07:23:27 PM by ABitInterested |
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Running Updates For May 21st, 2014
General Updates & Information
Notes From Mangement
Oops, deleted the running updates for the 21st on accident.
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ABitInterested (OP)
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May 21, 2014, 07:34:06 PM Last edit: May 22, 2014, 04:16:00 PM by ABitInterested |
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I mentioned bitcoin to the company we have a contract with and got an excited call from someone that was told to stick $100 in it a few years ago (and didn't) asking all about it. Going to try to get them set up on BitPay at a minimum.
Rough day, had 4 pickups so far this week so going to eat then come back for some midnight 18 wheeler unloading which is never fun. If there is anything else to update will do it then.
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ABitInterested (OP)
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May 22, 2014, 04:48:18 PM Last edit: May 23, 2014, 09:21:34 PM by ABitInterested |
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Revenue Report For May 21, 2014
Total Revenue - $1937.68
Daily Management Fee - $193.77
Units Issued Prior To 5/21/14 Cutoff (Noon CST) - 3838
Management Fee Per Unit - $0.050487 USD (.00009745 BTC @ $518.10 Per BTC)
Daily Yield - 3.9% (At .0025 Per Unit)
Payment Has Been Sent
Units Issued And Active For Following Day - 4597
Units Remaining - 5403 @ Group 1 Discount
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superbit
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May 22, 2014, 04:50:38 PM |
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Why did you change the dividend yield's base price in the calculation?
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ABitInterested (OP)
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May 22, 2014, 04:58:16 PM |
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Why did you change the dividend yield's base price in the calculation?
Since this report is posted daily I used the current price per share to more accurately reflect things and will make similar adjustments when the base rate goes back up in the future. If you didn't see the discounted offers please review the first post in this thread that was updated last night. The yield is still not 100% accurate since most took an offer on a further discount based on number of units claimed.
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AcoinL.L.C
Legendary
Offline
Activity: 1036
Merit: 1000
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May 22, 2014, 06:38:25 PM |
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Received first dividend. Nice!
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ABitInterested (OP)
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May 23, 2014, 12:17:51 AM |
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Busy times.
Actually have some very late shoppers coming to look around shortly so might even sell some appliances after hours today.
Picked up 3 18 wheeler trailers this week and one more is being picked up tonight. This is above average for a week and was unexpected.
Going to make the rounds and grab a lot of pictures while there is still light out. Will post those shortly if nothing explodes.
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ABitInterested (OP)
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May 23, 2014, 02:15:11 PM Last edit: May 23, 2014, 08:46:35 PM by ABitInterested |
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Running Updates For May 23rd, 2014 General Updates & Information Notes From MangementPosting ads this morning then I will be closing out yesterday and posting the daily dividend. We are in the middle of a complete re-organization but will stop in to post updates still. Thanks 2:45 PM CST - Running the revenue report for yesterday shortly so payments can be processed. Friday is typically a busy day so later updates might be standard. Appliance Sales 10:00 AM CST - SOLD Micellaneous Item - $10010:30 AM CST - SOLD Old Washer & Dryer - $18012:20 PM CST - SOLD Dryer With Trade In - $802:35 PM CST - SOLD Washer + Dryer + Refrigerator - $600 ($50 Owed)3:30 PM CST - SOLD Kenmore Set - $2953:45 PM CST - SOLD Refrigerator - $150eBay Parts Sales$31.99 Part Sold - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=281295976243$13.59 Part Sold - http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=271418005641
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ABitInterested (OP)
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May 23, 2014, 09:20:47 PM Last edit: May 23, 2014, 09:32:33 PM by ABitInterested |
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Revenue Report For May 22, 2014
Total Revenue - $1227.70
Daily Management Fee - $122.77
Units Issued Prior To 5/22/14 Cutoff (Noon CST) - 4597
Management Fee Per Unit - $0.0267 USD (.00005074 BTC @ $526.33 Per BTC)
Daily Yield - 2.03% (At .0025 Per Unit)
Units Issued And Active For Following Day - 6097
Units Remaining - 3903 @ Group 1 Discount
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ABitInterested (OP)
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May 24, 2014, 08:19:45 PM Last edit: May 25, 2014, 01:20:34 PM by ABitInterested |
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Revenue Report For May 23, 2014
Total Revenue - $1450.58
Daily Management Fee - $145.06
Units Issued Prior To 5/23/14 Cutoff (Noon CST) - 6087
Management Fee Per Unit - $0.02383 USD (.00004539 BTC @ $525.00 Per BTC)
Daily Yield - 1.82% (At .0025 Per Unit)
Units Issued And Active For Following Day - 6182.69625
Units Remaining - 3817.30375 @ Group 1 Discount
Daily Management Fees Have Been Paid
I have to calculate some reinvestments before I post the total number of units outstanding for tomorrow. Shorthanded but will do that soon.
Thanks
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ABitInterested (OP)
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May 25, 2014, 01:27:28 PM Last edit: May 25, 2014, 03:04:34 PM by ABitInterested |
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Revenue Report For May 24, 2014
Total Revenue - $931.97
Daily Management Fee - $93.20
Units Issued Prior To 5/24/14 Cutoff (Noon CST) - 6182.69625
Management Fee Per Unit - $0.01507433 USD (.00002667 BTC @ $565.15 Per BTC)
Daily Yield - 1.07% (At .0025 Per Unit)
Units Issued And Active For Following Day (So Far) - 6182.69625
Units Remaining - 3817.30375 @ Group 1 Discount
These Payments Have Been Sent
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