Are these new ATMs being purchased through shares sold via your hedge fund?
Yes. This new investment is new capital hedge fund btc & ltc.
And are the primary dividends being paid at the moment being funded solely through profits generated by this hedge fund through the two current ATMs or part of something else?
Yes. After invest next Monday investor receipt actual weekly dividend 1,6%.
Actual weekly dividend is thanks my trade in LocalBitcoins (BTC-EUR) and Nasdaq. Also earnings work actual ATMs.
I hope in 2-3 months new 5 ATM work. Then is possible increase actual dividend Hedge Fund.
I just ask this because of your details sections listing other investment interests in your executive summary.
BUSINESS PLAN:
INVESTMENT:
- Cost each machine: 9,000 euros x 5 = 45,000 euros.
- Money for begin (cash & btc): 3,000 euros x 5 = 15,000 euros (I add more money because is insufficient). Also remember than I need one day for to convert euros to btc (money than no work).
Total: 60,000 euros.
EARNINGS:
I see in ATM Madrid can work easy 1,000 euros/day.
- Initial fee for sell: 5%.
- Initial fee for buy: 3%.
Total is 5+3=8% but it's necessary one prevent for change risk. Is more real 6%.
Then: 1,000 x 30 days = 30,000 euros x 6% = 1,500 euros net each ATM x 5 = 7,500 euros/month.
EXPENSES:
- Rent to shop, financial bank fees, manage, security, taxes .... I estimate max 500 euros/ATM x 5 = 2500 euros/month.
Then is very easy earn net 1000 euros/ATM = 5,000 euros total/month = 1250 euros/week.
If you do one estimation profit/week is: 2,08%. My actual proposal you know is 1,60% for investor.
But is thruth than is possible than ATM work more 1000 euros/day and expenses be loss than 500 euros/month of course .... but for to discuss this is important begin and to know best and real numbers.
My actual plan for security is:
- Good shop situation.
- Security webcam.
- Security private police.
- Assurance for machine and 10,000 euros/cash.
- Every day all money go out to bank ;-)