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Author Topic: Curious about sharedealing on this forum  (Read 559 times)
carcar390
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May 02, 2012, 01:24:54 AM
 #1

I just joined recently: https://bitcointalk.org/index.php?topic=15672.msg878074#msg878074

I wish to start selling shares soon so that I can start a (hopefully) successful mining company which uses FPGAS/ASICS while being run in part by renewable energy to meet energy efficiency targets for businesses where I am in the world (the law mandates a certain percentage of renewable energy use by 2020 for businesses like mine)

Company info (upcoming-exists but awaits registration for more legitimacy):
Name: Club mining (med)
Symbol:ClubMSDM
Shares to sell:100,000 (50% of the company) as I believe that everyone should have a piece of the company as bitcoin was designed so that anyone can use it.
Waiting to be registered by GLBSE (as this can take time without having 8 bitcoins at your disposal to pay that fee)
Each share will sell for 0.2 bitcoins as it's just a startup.

Type of mining hardware: Predominantly FPGAs as well as a mix of ASICS.GPUs are simply not an option for me due to the cost of energy in my area as well as laws concerning energy efficiency of businesses.

I hope this has piqued the interest for some of you. Smiley
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PatrickHarnett
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May 02, 2012, 01:34:17 AM
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Um,

100,000 shares at 0.2 bitcoin = 20,000 bitcoin.  For a start-up, please show how this investment is worth $100,000 to support the valuation of the 50% you are looking at selling.

You don't have 8 coins for the registration fee, and therefore I assume you have no equipment and don't know about mining.  If you think this is harsh, wait until the trolls arrive.  I wouldn't trust you on the basis of what you've put here.

imsaguy
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May 02, 2012, 01:36:18 AM
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What FPGAs are you planning to use?

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
Kluge
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Michael, send me some coins before I hitman you


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May 02, 2012, 02:01:14 AM
 #4

Well, first you need to draw up a logo in something like Paint. Then, you need to get your email contract ready. Something like:

I, carcar390, hereby issue 100,000 shares at .2BTC/share for half the equity in my asset-less company. The remaining 50% will be kept as an operator's fee. This email verifies [insert name here] owns [insert number of shares share-buyer purchased] shares of Club Mining (med).


It's hard work, but at that point, just put up a BTC address and watch the coins fly in.

Here's a good logo to get you started:


Don't mix your coins someone said isn't legal
BurtW
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May 02, 2012, 03:04:22 PM
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Asking for 20,000 BTC in just two posts.  We have a new record.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
Dalkore
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ASIC Miner Hosting: www.bitcoinasichosting.com


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May 02, 2012, 06:18:15 PM
 #6

Asking for 20,000 BTC in just two posts.  We have a new record.

I would agree with the sentiment that you would need to start much smaller, have a long-term plan laid out and scale to it, while building trust and confidence along the way. 

[Winter Fire Sale] Hosting: $60.00 per KW) [6-month contracts] - Link
Transaction List: jayson3 +5 - ColdHardMetal +3 - Nolo +2 - CoinHoarder +1 - Elxiliath +1 - tymm0 +1 - Johnniewalker +1 - Oscer +1 - Davidj411 +1 - BitCoiner2012 +1 - dstruct2k +1 - Philj +1 - camolist +1 - exahash +1 - Littleshop +1 - Severian +1 - DebitMe +1 - lepenguin +1 - StringTheory +1 - amagimetals +1 - jcoin200 +1 - serp +1 - klintay +1 - -droid- +1 - FlutterPie +1
PatrickHarnett
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May 02, 2012, 07:07:06 PM
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Asking for 20,000 BTC in just two posts.  We have a new record.

I wonder if I could approach a bank with such a small business plan?  My experience raising funds for ventures is that this requires 12-month forecast financials, risk assessment and mitigation and demonstrable knowledge. 

Wonder what ASICs he's going to use?
BurtW
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May 02, 2012, 07:15:20 PM
 #8

Name:  carcar390
Posts:  2
Position:  Newbie
Date Registered:  Today at 12:50:58 AM
Last Active:  Today at 01:24:54 AM

 Grin  - actually request was made in about 30 minutes !

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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