[GLBSE] M.ETF - The first Mining ETF listed on the GLBSE

[2weiX]

I totally approve of you using option 4.

If I might make a suggestion: Use the remaining BTC to buy shares as to increase Dividends.

If all fails, I might be interested in managing this, but there's a couple of ifs and whens to that :-D

[Danijel Habek]

Is there a quiet consensus about M.ETF that I can't find?
I seem to haven't received no dividends in two weeks or so.
Is it time you and 2weiX consider his offer if the fund is going to move forward, and as a small holder, obviously I would like it to continue, and more so would like someone like 2weiX give this fund a go, considering his experience in this field.

Thanks,
Danijel

[2weiX]

that'd be grand.

[molecular]

hey guys, just fyi, did some multiplying and adding and thought I'd share:

• 0.02557301 BTC: 0.0256
• 0.1 Shares of PureMining: 0.42 BTC * 0.1 = 0.042 BTC
• 0.2 Shares of JLP-BMD: 0.26 BTC * 0.2 = 0.052 BTC
• 0.26 Shares of MergedMining: 0.161 BTC * 0.26 = 0.0418 BTC
• 0.09 Shares of Cognitive: 0.5825 BTC * 0.09 = 0.052425 BTC
• 0.11 Shares of BTCSYN: 0.335 BTC * 0.11 = 0.03685 BTC
• 0.045 Shares of BITBOND: 0.646 BTC * 0.045 = 0.02907

rough estimate of the value of 1 share M-ETF: 0.28 BTC

_{(might contain errors, did this pretty much by hand, used rough mid-point between current bid and ask for value of constituents, please point out any mistakes, do your own due diligence, blablabla)}

[Danijel Habek]

Is there a quiet consensus about M.ETF that I can't find?
I seem to haven't received no dividends in two weeks or so.
Is it time you and 2weiX consider his offer if the fund is going to move forward, and as a small holder, obviously I would like it to continue, and more so would like someone like 2weiX give this fund a go, considering his experience in this field.

Thanks,
Danijel

Hello;

I'm the issuer of BMF, a managed portfolio of miners on the GLBSE. We're going live on June 1st.

If you like, I can take over control of M.ETF and merge it into BMF. The fund would be liquidated, but it would be a better deal for your investors than if you just sold all the securities you've invested in and closed the fund. Please send me a message if you're interested in this.

tsukino.ca/bmf

Your BMF IPO on GLBSE is what got me writing the post above. It may be a good sign.
I've missed JL421's post when he announced that he's out of time to manage yet another project, and was fine with his solution to keep the dividends flow even without further investments, but was looking for another mining fund dividend plan to compensate M.ETF loss.
I would like to know JL421's opinion on this, and would vote for merger with BMF, if there's no interim CEO to keep M.ETF going.

[HorseRider]

Seems that the M.ETF is dead. No dividend is paid since 2012/3/5

[Danijel Habek]

Phew...that was close

Thanks for taking an effort to push forward. This is the first and "oldest" mining fund, and should be the strongest one.
Please, just drop us a post like "no divis for next n" and I believe no one, including myself would nitpick about dividends or whatever if only we know there are some bumps ahead of you that need some time to solve.

Buy, buy, buy!!!

[BrightAnarchist]

Are you planning on issuing more shares anytime soon? Thanks.

[Danijel Habek]

JL421, as a shareholder I would like to get recent financial statement, as it has been some time you've updated OP.
Let me know.

Thank you.

[Danijel Habek]

Name:   JL421
Posts:   355
Position:   Sr. Member
Date Registered:   September 27, 2011, 05:40:03 AM
Last Active:   Today at 05:40:00 AM

I hope you're preparing the statement data.
If you need help keeping this fund running, I'm willing to give you a hand.
Come on, you have a good thing going on here. Don't blow it away please.

[Bitcoin Oz]

Sounds like hes had some issues and hes travelling ?

[friedcat]

Sounds like hes had some issues and hes travelling ?

But the dividends of JLP-BMD have already been paid.

[Danijel Habek]

Sounds like hes had some issues and hes travelling ?

But the dividends of JLP-BMD have already been paid.

Good news. I bought more M.ETF.
Life can give you amusing shows, so to say.
I don't expect CEO sharing his personal problems with his investors, or some other forums, but when you post a LOA somewhere, ping us occasionally (once a week would be perfect).
Why not create a simple website where we can log in end see data we're interested with? Automated online spreadsheet at least?

[Danijel Habek]

M.ETF dividends paid out

2012-06-20 22:03     6.72504   1000     0.00672504

Thanks JL.

[rb2k]

sooo, any news?