I see that the GLBSE asset price has moved from 0.07 to 0.08. Is there anything going on? Will anything ever happen with this security? Any dividends in the foreseeable future? A buyback?
That's great, didn't follow the price lately, thanks. I don't get your second question, what should happen with it? We have plans to start paying dividends, yes. A buyback, yes, not right now though because we're working hard to get things going and we need the funds.
Glbse shares don't reflect our hard work and achievements at all, they solely exist to give intelligent investors an opportunity to participate in our project, and for us to be able and fund future platform expansion.
I have a hard time understanding your point. Why wouldn't GLBSE shares reflect your achievements? Are you stating that these were our donations to Rugatu? What do we, intelligent investors, have to gain from participating in this project? Please explain. I want a clue from you to be able to decide what to do with my shares.
I have a hard time understanding my partner's statement too, you will have to excuse our communications a bit, the founders are all Spanish and not very good talking English, sorry about that.
What my partner was really trying to say is that current price on GLBSE doesn't reflect at all our achievements and work invested in this project. I think the post was made when the stock got to the 0.01btc/share or below, so is somehow a normal reaction of a really invested individual who doesn't see the project potential reflected in the price. The money we gather selling stock on GLBSE are very well invested in platform development, advertising and overall expansion and we're not a charity so the money you invest buying our securities are not considered as a donation at all.
As an investor you have much to gain, from dividends we will start paying the moment our balances go positive again, having a say in the project direction like all other shareholders, and the comfort of having invested in a venture that has the ability to spread bitcoin awareness, thus increasing the value of all your bitcoin holdings indirectly.
Hope my post answers some of your questions. Thanks for looking into our venture.