Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]

[Garr255]

Hello Garr,
why are the Avelon Chips still listed as expense? What happened to the refund?
And could please post a little more details:

COG.F Funding and Mining Revenue    5    ~498

Income statements should separate like you did it before.

I will fix those accounting issues when I get home tomorrow. Sorry for the confusion there.

Edit: Flights changed so the site will not be updated until Sunday.

[btcash]

You should check out Crypto-Trade.com. Shares can be traded in BTC/LTC and I am sure neotrix will offer a free listing;)

[pascal257]

Dividends are being held until the announcement at the end of October, which will then be distributed to the Bitcoin/Litecoin address you have submitted.

I can't see a point in the contract that allows you from withholding dividend payments. Especially not without communicating with shareholders about this.

The dividends are going to a wallet dedicated to Cognitive, separate from my personal funds, so that statement is false.
Right now I am on my way to San Francisco to negotiate a deal with Hashfast. It has always been my philosophy to diversify in mining hardware, so as to minimize potential loss (in the event of a non-delivery).

Just out of curiosity. Is that wallet paying for your trip?

[keemao]

The end of october is coming up real fast...
Please give us an answer about witch exchange you will transfer to..., soon...

[Garr255]

Hey all,

Dividends will be going out this Saturday directly to your bitcoin addresses. I apologize for the delayed payments here. Rest assured they will start coming as usual this Saturday, the 26th.

Beyond that, I am at work to finish up moving our assets by the end of the month. An update will come when it's all in place!

Best,
Garrett

Just out of curiosity. Is that wallet paying for your trip?

Nope, HashFast paid for the flight, and I paid for the hotel.

[snowdropfore]

Hey all,

Dividends will be going out this Saturday directly to your bitcoin addresses. I apologize for the delayed payments here. Rest assured they will start coming as usual this Saturday, the 26th.

Beyond that, I am at work to finish up moving our assets by the end of the month. An update will come when it's all in place!

Best,
Garrett

Just out of curiosity. Is that wallet paying for your trip?

Nope, HashFast paid for the flight, and I paid for the hotel.

could you tell me which platform are wo going?? HL ?

[medicine]

Looks like I may have to ignore a fool.  First time ever.

[zefyr0s]

Yeah, I still haven't ignored anyone yet. When someone decides to be a prick it doesn't exactly
affect me, as I know it's just them being an ass, it happens. Problem is ignoring them doesn't
change other people seeing them, especially if it's someone unfamiliar to them who's still subject
to the influence of their opinion. I'd rather know what they're saying rather than be ignorant of
it, even if I don't like it.

[superresistant]

It was too much for me, I clicked the button.

[zefyr0s]

You're telling me your own decisions are not influenced at all from anything other than the goings on in your own brain? What do you even do on the forums? You realize if you intend to change someone else's opinion you must be willing to change your own.

[zefyr0s]

And new data requires reassessment.

[investr]

I've done the same to similar posts, citing trolling/insulting/not adding anything to discussion.

[Garr255]

I think you forgot scam between the laugh and the fight in your signature.

BadBear, shut the fuck up, papa. Now im not reposting deleted posts cause I added some stuffs. Oh wait, are you also a garrscam shill!?

I report stuff like this and get told back I am wrong for reporting it. I send it anyway. The mods do see it. Don;t forget guys, ModsRGodz lulz,.

Kakobrekla is the slanderous soul that I haven't ignored because I have to report so many of his posts. Now that this thread is turning against him he (or a mod, as usual) deleted these later posts, he should stop with the rambling because nobody listens to him.

Let us just look forward I suppose, we have bigger fish to fry

--Garrett

[dunchy]

Don't mean to feed the little flea, but just a side note on a nickname. It's a word play from a serbo-croatian  language (spoken in few Balkan countries under a different lang names) and comes from "Kako bih rekla", which is an idiom for 'How should I put it/How should I say it". Usually used as a saying between two loquacious girls or grandmas when they chat and gossip about some  utter nonsense.

http://www.youtube.com/watch?v=crIJvcWkVcs

[odie158]

What is to become of the Cognitive-PT security on litecoinglobal?

[medicine]

What is to become of the Cognitive-PT security on litecoinglobal?

+1, I am also interested in this answer.

[Garr255]

What is to become of the Cognitive-PT security on litecoinglobal?

+1, I am also interested in this answer.

Sorry for not being able to tell you instantly. The choices are to either convert the PT shares (which didn't actually entitle one to a Cognitive share) to actual Cognitive shares, or to refund all shares at the final trade price of 3.041 litecoins.

Most likely we will raise a motion so Cognitive shareholders can decide between those two options.

--Garrett

[medicine]

On the PT share contract description over on LTC-GLOBAL it does say, and I qoute "Each share is backed by one share of COGNITIVE and pays 95% of the dividend on BTC-TC."  That would lead my to think the shares would eventually be convertible to full shares. I would be inclined to vote in favour of conversion if a motion were to be raised.

*I AM NOT A PT SHAREHOLDER.*

Again, what do you guys think?

[investr]

On the PT share contract description over on LTC-GLOBAL it does say, and I qoute "Each share is backed by one share of COGNITIVE and pays 95% of the dividend on BTC-TC."  That would lead my to think the shares would eventually be convertible to full shares. I would be inclined to vote in favour of conversion if a motion were to be raised.

*I AM NOT A PT SHAREHOLDER.*

Again, what do you guys think?

This doesn't make any sense. You bought a passthrough share and not an actual share. Yes, the PT has to be backed by someone else's actual share, because it wouldn't make sense if a PT was backed by nothing. If it was backed by nothing then there wouldn't be any dividends and the passthrough would have no relative value. It acts as a proxy to provide access to an asset on other exchanges.

The right thing to do would be a passthrough buyback, and if certain people want to invest in Cognitive directly then they have the opportunity to do so on whatever new exchange Cognitive becomes available at with the funds available to them.

[investr]

So use a 90 day average