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Author Topic: [CryptoStocks] ::GREEN:: GreenBTC - Making the Bitcoin Green  (Read 7784 times)
RandomQ
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May 13, 2012, 09:16:56 PM
 #1

http://www.greenbtc.com
GreenBTC Making the Bitcoin Green!

We are a mining company listed on GLBSE.

GLBSE Ticker: GREEN

Chart: https://us.glbse.com/asset/view/GREEN

GREEN Shares at Issue: 10,000



Server Stats: http://p2pool.greenbtc.com:9332/static/


Current Mining Power 1.2 GH/s

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[CryptoStocks] GREEN - GreenBTC - Mining Company on CryptoStocks
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RandomQ
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May 13, 2012, 09:17:40 PM
 #2

GreenBTC Books https://docs.google.com/spreadsheet/ccc?key=0Ak1NqDefdzk2dDRTVXU3ZXJvQTgtUm1jcXdFQk1hRXc#gid=1


Account Balances: http://www.greenbtc.com/account-balances/

Assets: http://www.greenbtc.com/assets/

Bylaws: http://www.greenbtc.com/bylaws/

Insider Trading: http://www.greenbtc.com/insider-trading/

Mining Payout: http://www.greenbtc.com/mining-payout/

Mining Rigs: http://www.greenbtc.com/mining-rigs/

Operating Expenses: http://www.greenbtc.com/operating-expenses/

Security: http://www.greenbtc.com/security/

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[CryptoStocks] GREEN - GreenBTC - Mining Company on CryptoStocks
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May 13, 2012, 09:18:12 PM
 #3

FAQ & Questions


1. Will you verify with GLBSE?
I plan to verify all 6 forms of ID with GLBSE.

2. Why is your IPO so far in the future?
Two Reasons, I want to get the power cost reduced by Home Built Solar system. I also will be completely Disconnected from ALL forms of communication July 20-27 not by choice(aka GF said no laptops,ipads,phones during vacation)

3.Why are you going to use solar power?
Because I have a connection with a 30 year leader in the solar industry.

4. Are you going to use FPGA?
NO

5. Do you own both sites that store the mining rigs in California and Arizona?
Yes & No, They are owned by a trust fund that i'm the sole Beneficiary.




Please Ask anything

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May 13, 2012, 09:24:14 PM
 #4

Better reserve a ticker symbol! Wink

/watching

https://bitfinex.com <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with this refcode: x5K9YtL3Zb
Mail me at Bitmessage: BM-BbiHiVv5qh858ULsyRDtpRrG9WjXN3xf
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May 13, 2012, 09:31:51 PM
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Ticker Symbol :GREEN
 Grin

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May 14, 2012, 02:37:22 AM
 #6

a minor issue with the contract on GLBSE, should be back on GLBSE soon.

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May 16, 2012, 02:20:24 AM
 #7

a minor issue with the contract on GLBSE, should be back on GLBSE soon.

Contract updated, GREEN asset and IPO listed.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
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May 16, 2012, 05:55:37 PM
 #8

Website Down this morning, Webhost contacted.
Website Back up

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May 19, 2012, 02:22:00 PM
 #9

I only use Windpower, so i am a ECO miner too Cool.
Good luck with your ECO mining farm.


Greetz
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May 22, 2012, 03:13:08 PM
 #10

Hi RandomQ,

What will the initial share price be on IPO release?

Is there a pre-IPO sale?


Greetz
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May 22, 2012, 03:19:42 PM
 #11

Taken from the website Bylaws:

The CEO will have the right to purchase future shares @50% Current Market Value.

Clarification of what this means please.


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May 22, 2012, 06:11:00 PM
 #12

Hi RandomQ,

What will the initial share price be on IPO release?

Is there a pre-IPO sale?


Greetz


Initial share price will be .01 BTC

As of right now there isn't going to be a pre-ipo sale.

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[CryptoStocks] GREEN - GreenBTC - Mining Company on CryptoStocks
RandomQ
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May 22, 2012, 06:16:20 PM
 #13

Taken from the website Bylaws:

The CEO will have the right to purchase future shares @50% Current Market Value.

Clarification of what this means please.



Since the issue future shares is set at 81%, and I can't sell more than 1% of my shares per week and I take no salary.

I would like to reserve the right to purchase any future shares issued at 50% below market value.

I will rewrite that section to make it more clear, thank you for pointing that out.


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May 27, 2012, 09:33:57 PM
 #14

I might be switching the IPO, to an auction style where only 500 shares a week will be sold till all the shares are sold.

That way I can do a soft opening and show that the company can provided on time payment.

I will updating the balance sheet today with the GPU's that we have purchased.

I'm also going to change the rigs that are currently free leased to company owned.

Also I'm throwing my ipad into the company, to add a little more value to the assets. lol

I've been really busy this past two weeks trying to raise funds for adding solar array #1.

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[CryptoStocks] GREEN - GreenBTC - Mining Company on CryptoStocks
RandomQ
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May 29, 2012, 12:16:45 AM
 #15

I changed that line in the bylaws to read.
"The CEO will have the right to purchase future shares Issued at 25% below 30 day average sale price"

How does this sound? Better solution?

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BinaryMage
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May 29, 2012, 12:36:30 AM
 #16

I changed that line in the bylaws to read.
"The CEO will have the right to purchase future shares Issued at 25% below 30 day average sale price"

How does this sound? Better solution?

Same problem, I'm afraid.

I'm not entirely clear on the point of that clause in the first place. Why exactly should you have the right to buy future shares under market value?

-- BinaryMage -- | OTC | PGP
RandomQ
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May 29, 2012, 12:45:01 AM
 #17

I changed that line in the bylaws to read.
"The CEO will have the right to purchase future shares Issued at 25% below 30 day average sale price"

How does this sound? Better solution?

Same problem, I'm afraid.

I'm not entirely clear on the point of that clause in the first place. Why exactly should you have the right to buy future shares under market value?

Ok, let me see what the other assets do and we will most likely just get rid of this.

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BinaryMage
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May 29, 2012, 12:48:52 AM
 #18

I changed that line in the bylaws to read.
"The CEO will have the right to purchase future shares Issued at 25% below 30 day average sale price"

How does this sound? Better solution?

Same problem, I'm afraid.

I'm not entirely clear on the point of that clause in the first place. Why exactly should you have the right to buy future shares under market value?

Ok, let me see what the other assets do and we will most likely just get rid of this.

Some have a small operator cut of profits, some just have the allowance of shares to the operator.

Some only issue a percentage of the company value (and thus profits) on GLBSE in the first place.

-- BinaryMage -- | OTC | PGP
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May 29, 2012, 12:50:33 AM
 #19

Most buyback clauses specify market plus a percentage, not market minus a percentage.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
RandomQ
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May 29, 2012, 01:20:41 AM
 #20

Most buyback clauses specify market plus a percentage, not market minus a percentage.

It wasn't a buyback clause I was trying to do,more of like an CEO stock option.

But Never Fear I have removed it from the bylaws.

I also did some minor tweaks.

Payout is now
50% Growth
40% Dividend
10% Operating Cost

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