How much was paid in BTC and $ for the 400 MHps 90 day mining contract on 21/5/2011 ?
0 BTC and 870 USD were paid for this contract.
What other assets does the CM400 company own ?
CM400 is no company, but a shared contract. I own the remaining shares of this contract, with all of them on "sell" at GLBSE. It is intended that all shares are sold, so that this contract is 100% dispersed.
What balance is currently held in the company Bitcoin account ?
Check the spreadsheet for this, I update it nearly daily. There have been 19.2 BTC mined, out of which 5.16 BTC have been paid out to shareholders.
As the BTC from the contract go to my wallet, which is used for other stuff too, it does not make sense to publish it's address here for verification of the current balance.
(Reason: If I create a transaction, Bitcoin automatically takes coins from a lot of different accounts in my wallet and re-combines them to a transaction, meaning the current balance of the address is not the balance of the contract. I might publish that address in the end of the contract though, so all income is verifiable.)
I guarantee however, that I will always keep a balance of at least the mined BTC in my wallet.
Also I leave the money from selling shares on the GLBSE account to be able to pay the additional "rebate", as the initial price was too high, in the end of the contract.
What are the current plans on how the remaining BTCs will be spent going forwards ?
As written in the share contract, this contract itself will not be prolonged. This means, that after the final dividend has been paid out, the shares are essentially worthless (but might be kept/traded for collection/sentimental reasons?).
I might spend the earnings on another contract, should this experiment be successful. In the end this is my own money though, not something that belongs to a "company".
How much of the 400 BTCs are you intending to take for managing / administering ?
Currently I take 150 BTC for this contract (400-250). For this, 100% of the shares have to be handed out. It depends on difficulty, if this is a good deal or not for buyers, as with every mining contract.
For investing you get:
* a more secure Bitcoin network by adding 400 MH/s
* as much anonymity as is currently possible (as far as I have evaluated) with a professional mining contract
* nearly no work on your side required. You only need to: fund your GLBSE account, buy shares and in 3 months collect the dividend
* the ability to speculate on shares. If all shares sell and there is still demand, share prices might go up. This is unique to this mining contract compared to others, as far as I see it.