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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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RandomQ (OP)
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May 13, 2012, 09:17:40 PM
Last edit: June 01, 2012, 07:55:45 AM by RandomQ |
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RandomQ (OP)
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May 13, 2012, 09:18:12 PM
Last edit: May 14, 2012, 02:48:51 AM by RandomQ |
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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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Sukrim
Legendary
 Offline
Activity: 2618
Merit: 1006
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May 13, 2012, 09:24:14 PM |
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Better reserve a ticker symbol!  /watching |
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RandomQ (OP)
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May 13, 2012, 09:31:51 PM |
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Ticker Symbol :GREEN  |
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RandomQ (OP)
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May 14, 2012, 02:37:22 AM
Last edit: May 16, 2012, 04:50:22 AM by RandomQ |
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a minor issue with the contract on GLBSE, should be back on GLBSE soon.
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Nefario
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May 16, 2012, 02:20:24 AM |
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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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RandomQ (OP)
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May 16, 2012, 05:55:37 PM
Last edit: May 16, 2012, 06:28:00 PM by RandomQ |
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Website Down this morning, Webhost contacted.
Website Back up
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PsychoticBoy
Donator
Legendary
Offline
Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
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May 19, 2012, 02:22:00 PM |
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I only use Windpower, so i am a ECO miner too  . Good luck with your ECO mining farm. Greetz |
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PsychoticBoy
Donator
Legendary
Offline
Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
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May 22, 2012, 03:13:08 PM |
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Hi RandomQ,
What will the initial share price be on IPO release?
Is there a pre-IPO sale?
Greetz
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BlackBison
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May 22, 2012, 03:19:42 PM |
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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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RandomQ (OP)
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May 22, 2012, 06:11:00 PM |
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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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RandomQ (OP)
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May 22, 2012, 06:16:20 PM |
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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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RandomQ (OP)
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May 27, 2012, 09:33:57 PM |
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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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RandomQ (OP)
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May 29, 2012, 12:16:45 AM |
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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 |
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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? |
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RandomQ (OP)
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May 29, 2012, 12:45:01 AM |
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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 |
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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. |
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rjk
Sr. Member
Offline
Activity: 448
Merit: 250
1ngldh
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May 29, 2012, 12:50:33 AM |
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Most buyback clauses specify market plus a percentage, not market minus a percentage.
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RandomQ (OP)
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May 29, 2012, 01:20:41 AM |
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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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